Reinsurance News

Offshore reinsurance

Funded reinsurance and offshore financing a concern for the PRA

18th September 2025

The Bank of England (BoE) is hardening its approach on the use of funded reinsurance and offshore financing by UK life insurers, aiming to balance innovation with financial stability as the bulk purchase annuity (BPA) market continues its rapid expansion. In a speech at the Bank of America annual CEO conference, ... Read the full article

Increased offshore reinsurance use raises concerns for life insurance sector: Moody’s

6th February 2025

The increasing trend of offshore reinsurance being used by US life insurers, particularly in the US, Bermuda and the Cayman Islands, is raising concerns about counterparty risk and regulatory transparency, according to a new Moody's report. The ratings agency views this growing practice with caution, citing potential negative credit implications for ... Read the full article