Reinsurance News
Aetna
Aetna returns to the capital markets for reinsurance protection
25th January 2019
The health, medical and benefits insurance unit of CVS Health, Aetna, has announced a new four-year collateralised reinsurance agreement with Vitality Re X Limited. Aetna has entered the insurance-linked securities (ILS) market, and more specifically the catastrophe bond market for risk transfer for many years running, and has now announced its ... Read the full article
The Hartford to acquire Aetna’s U.S. group life & disability business for $1.45bn
25th October 2017
The Hartford has announced that it will acquire Aetna's U.S. group life and disability business for $1.45 billion, in cash, subject to state regulatory approvals and other customary closing conditions. The deal will see The Hartford become the second largest group life and disability insurance company, with roughly $5 billion in ... Read the full article