Reinsurance News
Life reinsurance news
Life reinsurance industry news, analysis and insights.
Our life reinsurance market news stories cover happenings in the life reinsurance industry, people moves, new company launches, life reinsurance company results, product innovation and more.
U.S. life reinsurance fundamentals remain stable: A.M. Best
27th January 2017
The fundamentals of the U.S. life reinsurance market remain stable, as the defensible positions of the five large reinsurers writing the majority of U.S. mortality risks characterise the sector, according to A.M. Best. Life reinsurance in the U.S. is not as competitive as in some other regions of the world, such ... Read the full article
Munich Re to merge health and life reinsurance units
26th January 2017
Reinsurance giant Munich Re has announced that it will merge the reinsurance operations of its Munich Health unit with its Munich Re Life department, and has appointed member of its Board of Management, Thomas Blunck, to lead the operation in the future. The Germany domiciled reinsurance company also announced that it's ... Read the full article
SCOR adds senior U.S. life reinsurance hires
25th January 2017
Global reinsurance firm SCOR has added two life reinsurance related hires in the United States, to join the team that manages the reinsurers daily Life reinsurance operations in the Americas. David Anderson has been named, Senior Vice President, US Life Reinsurance, and Alan Routhenstein has been named, Senior Vice President, Financial ... Read the full article
Thailand seeks foreign re/insurance investors after relaxing legislation
23rd January 2017
Thailand’s Ministry of Finance has relaxed legislation to attract foreign investors and promote stability within its insurance and reinsurance industry. Under the new measures, current limits on foreign shareholding and board membership for life and non-life insurance companies will be removed or broadened. A licensed insurance company can now apply for up to ... Read the full article
SCOR provides reinsurance for streamlined longevity hedge
20th January 2017
French reinsurance firm SCOR has participated in a UK£300 million longevity swap transaction, providing reinsurance capital to back 80% of the transaction, while insurer Zurich retained the remaining longevity risk. It's the first so-called streamlined longevity swap deal that SCOR has participated in, with the transaction having been facilitated through a ... Read the full article
Reinsurance Group of America CEO joins Sun Life Financial board
15th December 2016
Greig Woodring, Chief Executive Officer (CEO) of Reinsurance Group of America (RGA), one of the world's leading life reinsurers, has been appointed to Sun Life Financial's Board of Directors effective January 1st, 2017. As well as the addition of Woodring, Sun Life Financial also announced that Stephanie Coyles, a strategic consultant and ... Read the full article
A.M. Best maintains stable outlook for U.S. life reinsurance market
13th December 2016
International financial services ratings agency, A.M. Best, has maintained its stable outlook for the U.S. life reinsurance marketplace, in spite of the company recently revising its outlook on the U.S. life/annuity industry to negative, and maintaining its negative outlook on the global reinsurance market. A recent A.M. Best briefing on ... Read the full article
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