Reinsurance News

Pacific Life Re

Pacific Life Re strengthens presence in Dutch market with €1.3bn longevity swap

18th February 2026

Life reinsurer Pacific life Re has strengthened its presence in the Dutch market with the completion of a €1.3 billion longevity swap reinsurance transaction with Aegon Levensverzekering N.V., part of the a.s.r. group. This agreement is Pacific Life Re’s second longevity reinsurance transaction in the Netherlands, following its landmark €2bn ... Read the full article

Jane Cheng named VP, Client Solutions, Protection at Pacific Life Re

17th February 2026

Pacific Life Re, a provider of insurance and reinsurance solutions, has appointed Jane Cheng as Vice President, Client Solutions, Protection. In this role, she will lead the Global Client Solutions team, encompassing Business Proposition, Global Enablement, and Marketing. Cheng will focus on advancing proposition development and ensuring a globally aligned approach to ... Read the full article

Pacific Life Re names Swiss Re’s Jia Yi Tan as Global CUO and Claims Officer

8th January 2026

Life and health reinsurer Pacific Life Re has appointed Jia Yi Tan as its new Claims and Global Chief Underwriting (CUO), based in Singapore. In her new role, Tan succeeds Andrew Doran, who has been promoted as Chief Executive Officer of UnderwriteMe, the Insurtech subsidiary of Pacific Life Re. Her appointment underscores ... Read the full article

Pacific Life Re names Soichiro Makimoto as Head of Japan Representative Office

3rd December 2025

Life and health reinsurer Pacific Life Re has appointed Soichiro Makimoto as Head of its Japan representative office. The move reinforces the reinsurer’s long-term commitment to the Japanese market. In his new role, Soichiro will enhance Pacific Life Re’s presence in Japan, bringing a deeper understanding of clients’ needs to support the ... Read the full article

Pacific Life Re completes first two Japanese asset-intensive flow reinsurance deals

28th October 2025

Life and health reinsurer Pacific Life Re has completed the first of two asset-intensive flow reinsurance transactions in Japan, marking its entry in the segment. The transactions were executed with two Japanese life insurers, representing a key milestone in Pacific Life Re's expansion into the Japanese market. The deals involve the reinsurance ... Read the full article

Pacific Life Re appoints new leaders in Asia to strengthen regional partnerships

12th August 2025

Life and health reinsurer Pacific Life Re has appointed Wallace Ong to the newly created role of Head of Business Proposition and Enablement, Protection, Asia, while Spenser Chen succeeds him as Head of South East Asia (SEA), Protection, Asia. The two new appointments reinforce the reinsurer's focus on strengthening client partnerships ... Read the full article

UnderwriteMe reveals leadership transitions

10th June 2025

UnderwriteMe, the Insurtech company of Pacific Life Re, has announced a number of key leadership appointments, including Scott Hunt as Director of Business Development, North America (NA), which follows the transition of Brett Laker to the role of Vice President, Client Solutions at Pacific Life Re. Laker previously served as ... Read the full article

Pacific Life Re boosts growth & innovation agenda with several appointments

9th June 2025

Pacific Life Re has revealed a series of strategic leadership appointments to strengthen its global growth and innovation agenda, including the naming of Andrew Murphy as managing director of the newly established Capital Solutions line of business. Murphy, who has reportedly managed the Europe and North American protection teams for the ... Read the full article

Pacific Life Re in second asset intensive reinsurance agreement with Anshin Life

22nd May 2025

Life insurer Pacific Life Re has entered into a second asset intensive reinsurance agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), a domestic life insurance subsidiary of Tokio Marine Holdings. The new deal builds on the pair’s first successful transaction, which took place in May 2024. This ... Read the full article

Pacific Life Re names Kenichi Kim as Head of South Korea

19th May 2025

Life and health reinsurer Pacific Life Re has appointed Kenichi Kim as Head of South Korea, overseeing its growth and operations in the region. Kim brings over 15 years of experience in financial services and reinsurance, having held roles across Hong Kong, Japan, and Singapore. He joined Pacific Life Re in 2022, ... Read the full article

Rothesay, Pacific Life Re & PFI partner on Lloyds Banking Group pension longevity transaction

31st March 2025

Lloyds Banking Group Pensions Trustees Limited has entered into its third and fourth longevity hedging insurance and reinsurance transactions, protecting in aggregate a further £5.1 billion of liabilities. This arrangement will further protect the Lloyds Banking Group pension schemes from the financial impact of increasing life expectancy among its members. The new ... Read the full article

Pacific Life Re expands presence with landmark €2bn longevity swap agreement in the Netherlands

20th February 2025

Pacific Life Re, a life and health reinsurer, has completed a longevity swap reinsurance agreement with Nationale-Nederlanden (NN Life) in the Netherlands, strengthening its international reach. The agreement covers a €2 billion portfolio of in-force individual annuity policies and includes a long-term commitment to reinsure future new business through a flow ... Read the full article

Pacific Life Re partners with Kakao Pay to provide life insurance in South Korea

5th November 2024

Pacific Life Re and Kakao Pay Insurance, a South Korean fintech-led digital non-life insurer, have signed a Memorandum of Understanding (MoU) to provide life insurance solutions in South Korea. According to Pacific Life Re, this partnership combines its global expertise with Kakao Pay Insurance’s digital capabilities to create new opportunities in ... Read the full article

Pacific Life Re aims to tackle financial services skills challenge with FSSC partnership

6th September 2024

Global life and health reinsurer Pacific Life Re has partnered with the Financial Services Skills Commission (FSSC) to ensure the financial services sector is prepared for long-term skills needs; becoming the first dedicated reinsurance firm to join the Commission. The FSSC is a member-driven organisation dedicated to ensuring the UK financial ... Read the full article

Pacific Life Re bolsters APAC protection business

14th August 2024

Pacific Life Re, the global life and health reinsurer and wholly owned subsidiary of Pacific Life, has bolstered its protection business in Asia Pacific with senior appointments. Tyson Johnston, the current Managing Director of the Australian business and Head of Global Protection Strategy, has been promoted to Managing Director, Protection, Asia ... Read the full article