Reinsurance News
Nassau Financial Group
Nassau receives $200m minority equity investment from Golub Capital
10th January 2025
Nassau Financial Group, an insurance and financial services company, and Golub Capital, a credit asset management firm, have closed their strategic partnership, with Nassau receiving a $200 million minority non-voting common equity investment from Golub Capital. The partnership, initially announced in June 2024, also included the establishment of a long-term ... Read the full article
Nassau Financial Group and Golub Capital forge strategic partnership
4th June 2024
Nassau Financial Group, an insurance and financial services firm, and Golub Capital, a credit asset management firm, have announced the signing of a definitive agreement to form a strategic partnership. As part of this agreement, Golub Capital will invest $200 million in minority non-voting common equity in Nassau, becoming the largest ... Read the full article
AM Best revises issuer credit rating outlook to positive for subsidiaries of Nassau Financial
23rd February 2024
Global credit ratings agency AM Best has confirmed that it has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb” (Good) of Nassau Life Insurance Company, Nassau Life ... Read the full article
Nassau completes acquisition of Delaware Life Insurance Company of New York
20th July 2023
Nassau Financial Group, L.P. has successfully completed the acquisition of Delaware Life Insurance Company of New York (DLNY) from Delaware Life Insurance Company, a subsidiary of Group 1001. Nassau plans to merge DLNY into its own subsidiary, Nassau Life Insurance Company (NNY), which is also a New York-domiciled life insurance company. The ... Read the full article
Nassau appoints Christine A. Janofsky as CFO
18th January 2023
Financial services company Nassau Financial Group has appointed Christine A. Janofsky as its new Chief Financial Officer (CFO). Janofsky joins Nassau from eHealth, Inc., a publicly traded insurance distribution company, where she held the role of CFO. Before joining eHealth, she spent eight years working at Lincoln Financial Group, where she served ... Read the full article
Nassau acquires Delaware Life Insurance Company of New York
22nd November 2022
Nassau Financial Group, L.P. has entered into a definitive agreement for its subsidiary, Nassau Life Insurance Company (NNY), to acquire Delaware Life Insurance Company of New York (DLNY) from Delaware Life Insurance Company. The transaction is expected to close in the second half of 2023. The transaction is also subject to customary ... Read the full article
Nassau takes $100mn investment from Wilton Re & Stone Point Credit
11th January 2021
Nassau Financial Group, an insurance and financial services firm based in Hartford, CT, has received an initial strategic investment of $100 million from Wilton Reassurance Company and Stone Point Credit, via the issuance of a series of non-cumulative perpetual preferred equity. Nassau has said that it intends to use the proceeds ... Read the full article
Nassau acquires Foresters Life Insurance and Annuity Company
6th July 2020
Nassau Financial Group, an insurance and financial services firm based in Hartford, CT, has completed the acquisition of Foresters Life Insurance and Annuity Company (FLIAC) from The Independent Order of Foresters. Nassau offers a range of insurance and fixed annuity solutions, as well as reinsurance, insurance distribution, and asset management capabilities ... Read the full article
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