Reinsurance News

Pacific Life Insurance Company

Pacific Life promotes Neeley and Thompson

17th February 2025

US life insurer Pacific Life has announced the promotion of Karen Neeley to Senior Vice President (SVP) of the Institutional Retirement Solutions Group and Patricia Thompson to SVP and Chief Compliance and Ethics Officer. In her new role, Neeley, who has nearly two decades in financial services experience, will oversee the ... Read the full article

Pacific Life names Neeley as VP & Head of Institutional Retirement Solutions Group

16th November 2023

US life insurer Pacific Life has appointed Karen Neeley as Vice President and Head of the Institutional Retirement Solutions Group, where she will report to Executive Vice President and Head of Institutional Business Brian Woolfolk. Pacific Life has confirmed that Neeley’s team will have a particular focus on defined contribution lifetime ... Read the full article

Aristotle completes acquisition of Pacific Asset Management from Pacific Life

18th April 2023

Aristotle Capital Management has completed the acquisition of Pacific Asset Management from Pacific Life Insurance Company, rebranding it to Aristotle Pacific Capital. The rebranded Aristotle Pacific will maintain its investment team and will continue to be led by Dominic Nolan, CFA, CEO. Aristotle explains that this will ensure the continuity of ... Read the full article

Joe Krum promoted to SVP for Pacific Life’s Institutional Division

17th February 2023

US life insurer, Pacific Life has announced the promotion of Joe Krum to senior vice president, where he will lead the firm’s global institutional investment group. Krum joined Pacific Life in 2001 and has served in various roles, including vice president and treasurer. Under his leadership, the firm’s institutional spread lending program ... Read the full article

Pacific Life Re promotes Nicholas Lax to lead R&D in Europe

24th January 2022

Pacific Life Re, a global provider of mortality, morbidity, and longevity reinsurance solutions, has announced the appointment of Nicholas Lax as Head of Research & Development (R&D), Europe. Having joined the company in 2018 as a member of the R&D team, Lax brings 17 years of life and pension industry experience ... Read the full article

Pacific Life announces changes to leadership roles

26th August 2021

Pacific Life Insurance Company has appointed Darryl Button as Chief Executive Officer (CEO) and president of Pacific Life. He will succeed current Chairman, President and CEO Jim Morris, in April 2022 upon Morris’ retirement. Button joined Pacific Life in 2017, bringing with him significant experience overseeing corporate and financial strategies, and he ... Read the full article

Pacific Life appoints Alessandro Papa as Chief Risk Officer

30th April 2020

Pacific Life today announced Alessandro Papa as its Chief Risk Officer. In this role, he will serve in an enterprise-wide capacity overseeing the company’s risk management framework and corporate actuarial function. Papa joins Pacific Life from MetLife, where he served as Chief of Staff to the President and Chief Executive Officer. In ... Read the full article

Pacific Life names Chief Marketing Officer of Retirement Solutions Division

17th April 2020

US life insurer Pacific Life has announced the appointment of Kevin Kennedy as Senior Vice President, Sales and Chief Marketing Officer of the company’s Retirement Solutions Division. Kennedy joins Pacific Life from AXA Equitable Holdings (EQH), where he served as Managing Director and head of the company's largest business unit, individual ... Read the full article

Pacific Life names Brian Woolfolk as head of Institutional Division

12th December 2019

US life insurer Pacific Life has announced the appointment of Brian Woolfolk as leader of the its new Institutional Division, effective January 1, 2020. Woolfolk joined Pacific Life in 2010 and currently serves as Senior Vice President of Sales and Chief Marketing Officer in the Retirement Solutions Division. In his new position, ... Read the full article

Pacific Life completes $35mn pension buy-in deal with American Water Works

24th August 2017

Pacific Life Insurance Company has completed a $35 million Pacific Secured pension Buy-In transaction with American Water Works Association (AWWA), the company has announced. According to a statement from the company, as of the transaction date this will be the sixth buy-in transaction completed by Pacific Life, and the ninth reported industry-wide. Kevin ... Read the full article