Reinsurance News
Pacific Life Re
Pacific Life Re reshuffles organisational structure
26th January 2024
Pacific Life Re, the global reinsurer and wholly owned subsidiary of Pacific Life, has reshuffled its organisational structure to move from a geographical-based to a product-based management structure, with two global lines of business: protection and savings & retirement. This move aims to better support its clients and achieve its ambitious ... Read the full article
Pacific Life Re names Yoke Yin Lee as Head of South Korea
31st October 2023
Life and health reinsurer Pacific Life Re has appointed Yoke Yin Lee to oversee operations and growth as Head of its South Korea business. After joining Pacific Life Re in 2008, Lee was an instrumental member of the team that established the South Korea branch in 2015. Lee was promoted to Head ... Read the full article
Pacific Life Re appoints Sujin Park as Head of Underwriting and Claims, Asia
13th October 2023
Life and Health reinsurer, Pacific Life Re, has appointed Sujin Park as its new Head of Underwriting and Claims for its Asia business, based out of the company's Singapore office. This is in line with the company's commitment to grow in the region and provide the highest reinsurance expertise and service ... Read the full article
Pacific Life Re appoints Mikey Anthony as AVP of Sustainability
9th October 2023
Life and health reinsurer, Pacific Life Re, has appointed Mikey Anthony to the newly created role of Assistant Vice President (AVP) of Sustainability. Vincent Lepez, Executive Vice President of Europe and Head of Pacific Life Re’s ESG task force commented, “We’re delighted that Mikey decided to move back to the UK ... Read the full article
Pacific Life Re names Ranbir Dehal VP Corporate Actuarial, Europe
26th September 2023
Pacific Life Re has appointed Ranbir Dehal as its new Vice President Corporate Actuarial in the Europe business unit. Dehal joins Pacific Life Re Europe from Wesleyan Assurance Society, where he served as Head of Actuarial covering SII reporting, data and analytics, economic capital modelling, and capital management. Collectively, he holds over ... Read the full article
Pacific Life Re names Vasan Errakiah General Manager, Asia markets
16th August 2023
Pacific Life Re, a global provider across the life and health reinsurance industry, has appointed Vasan Errakiah to the newly created role of general manager, Asia markets. The company has confirmed that in his new role, Errakiah will have responsibility for Pacific Life Re’s market activities throughout Asia, with each of ... Read the full article
Pacific Life Re names Matt Logan as VP of Finance for Europe Business Unit
26th May 2023
Pacific Life Re, a global provider of mortality, morbidity, and longevity reinsurance solutions, has appointed Matt Logan as its new VP, Finance in the Europe Business Unit. Logan will join Pacific Life Re Europe's Finance team and play a crucial role in supporting the company in delivering core reporting while driving ... Read the full article
Pacific Life Re & Zurich enter £1.6bn longevity hedge with YCB
2nd May 2023
The Yorkshire and Clydesdale Bank (YCB) Pension Scheme has announced a longevity swap transaction with Pacific Life Re International and Zurich Assurance to manage longevity risk in relation to £1.6 billion of pensioner liabilities. The arrangement will provide long term protection to the scheme against costs resulting from pensioners or their ... Read the full article
Pacific Life Re names Elaine Murphy Head of Risk, Asia & Australia
6th February 2023
Pacific Life Re, a global provider of mortality, morbidity, and longevity reinsurance solutions, has appointed Elaine Murphy as Head of Risk, Asia and Australia. Within this role, she will be based in Singapore. Murphy joined the firm in 2018 where she served as a Director, and was based in London. After serving in ... Read the full article
Pacific Life Re names David Waters as Director of Underwriting in Europe
22nd November 2022
Pacific Life Re has announced the appointment of David Waters as new Director of Underwriting in its Europe Business Unit. In the new role, Waters will be responsible for helping manage external and internal risk, while developing a strong market profile, providing high-quality service to clients, and supporting the sales and ... Read the full article
Andrew Doran takes Chief Underwriter role at Pacific Life Re
7th April 2022
Pacific Life Re has announced the appointment of Andrew Doran as Chief Underwriter, taking over from Warren Copp who will be retiring at the end of 2022. Doran has almost 20 years of experience in the life and health insurance industry across the UK and Asia markets. He joined Pacific Life Re ... 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 partners with WNS for end-to-end PRT administration
30th September 2021
US life insurer Pacific Life is partnering with WNS, a provider of business process management solutions, to provide end-to-end operations support for its Pension Risk-Transfer (PRT) business. WNS will focus on transforming Pacific Life’s existing onboarding and service processes, including payment processing, accounting and data cleansing. This will be achieved via optimal ... Read the full article
Pacific Life Re creates Medical Analytics team
20th May 2021
Life reinsurer Pacific Life Re has created a new Medical Analytics team to further strengthen the company’s analytics and emerging risk capabilities. The team will be led by Ian Collins who has over 20 years of experience in the ... Read the full article
Pacific Life Re seals key $190mn funded reinsurance deal
11th May 2021
Life reinsurer Pacific Life Re has completed a funded reinsurance transaction via its newly-formed Global Funded Solutions (GFS) business line. Covering pensioner and deferred liabilities of around £190 million, the transaction was completed with a leading UK insurer. This was the life reinsurer's second asset-intensive transaction written on an annuity deal and ... Read the full article