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Pacific Life Re

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

Pacific Life Re expands into funded reinsurance market with new GFS team

26th April 2021

Pacific Life Re is expanding into the funded reinsurance market following the establishment of a new Global Funded Solutions (GFS) team. GFS has been created to further support Pacific Life Re’s clients in writing asset intensive business where it is required. The initial focus was intended to support the UK pension risk ... Read the full article

Pacific Life Re names Justin LaHood as Head of Tax

16th April 2021

Life reinsurer Pacific Life Re has announced the appointment of Justin LaHood as its new Head of Tax. Based in London, LaHood will be responsible for managing tax activities across Pacific Life Re globally, with a focus on strategy, coordination, and compliance. He has more than 20 years’ experience as a tax ... Read the full article

Pacific Life Re strikes partnership with ThaiRe Life

22nd February 2021

Pacific Life Re and ThaiRe Life Assurance PCL have announced the formation of a new partnership to provide sustainable life reinsurance solutions to Thailand-based life insurance operators. The collaboration is expected to bring Pacific Life Re’s technical and product development expertise together with ThaiRe Life’s insights and standing in the local ... Read the full article

Pacific Life Re partners with data analytics firm Sapientus

25th January 2021

Life reinsurer Pacific Life Re is partnering with data analytics firm Sapientus to enhance the efficiency and effectiveness of its insurance solutions for the Chinese market. Sapientus is part of China-based mobile services and data firm FingerMotion and will also help Pacific Life Re enhance its current underwriting and claims management processes. Pacific ... Read the full article

Pacific Life Re signs longevity swap with Prudential pension scheme

11th November 2020

Pacific Life Re has completed a longevity swap transaction with the Trustee of the Prudential Staff Pension Scheme. The longevity swap covers pension liabilities of £3.7 billion relating to over 20,000 pensioners in the scheme and was structured using a Guernsey-based captive. Willis Towers Watson led the advice for the Trustee with ... Read the full article

Jay Orlandi takes General Counsel role at Pacific Life

27th August 2020

US life insurer Pacific Life has announced the appointment of Jay Orlandi as its next General Counsel, effective November 2. Orlandi joins Pacific Life from Transamerica, where he served as Executive Vice President and Chief Operating Officer (COO). At Transamerica, he was responsible for all business support functions, including legal, communications, human ... Read the full article

Pacific Life Re hires Sarah Teehan from SCOR

30th July 2020

Life reinsurer, Pacific Life Re, has announced the appointment of Sarah Teehan as Head of Protection in Europe. Teehan’s appointment comes after James Tait’s move from the beginning of this year from Head of Protection at Pacific Life Re to CEO at UnderwriteMe. Teehan is a qualified Actuary and joins Pacific Life ... Read the full article

Pacific Life Re makes senior appointments in Asia

6th July 2020

Life reinsurer Pacific Life Re has announced the appointments of Wil Chong as General Manager, Asia Markets, Joanne Yeo as General Manager, Business Services and Operations, and Ong Qian Hao as new Head of Pricing, Asia. All three appointments will report to Andrew Gill in his role of Managing Director, Asia ... Read the full article

Pacific Life Re adds Julie Evans as CIO

22nd June 2020

Life reinsurer Pacific Life Re has announced the appointment of Julie Evans as its new Chief Information Officer (CIO). Evans joins Pacific Life Re from its wholly-owned subsidiary and innovative technology company, UnderwriteMe, where she was COO for more than two years. In her role as CIO at Pacific Life Re, she ... Read the full article

Pacific Life Re adds Andrew Doran to lead Asia office

14th May 2020

Life reinsurer Pacific Life Re has announced the appointment of Andrew Doran as head of underwriting and claims for its Asia office. Based in Singapore, Doran reports to the managing director of Asian and Australian offices Andrew Gill. He will lead the underwriting and claims team in Asia and ensure the delivery ... Read the full article

Pacific Life Re bolsters leadership team in Korea

24th April 2020

Life reinsurer Pacific Life Re has announced several new appointments to its operation in Korea. Phil Hay has joined Pacific Life Re as the new Head of Korea in Seoul reporting to Andrew Gill, the Managing Director, Asia and Australia. Hay, who has over 25 years’ experience in the life insurance industry, ... Read the full article

FWD Philippines opts for digital solution from Pacific Life Re

26th March 2020

Pacific Life Re has announced a new partnership with FWD Philippines, which will see FWD adopt a digital solution from Pacific Life Re’s insurtech subsidiary, UnderwriteMe. The solutions was built on the Underwriting Rules Engine and is designed to enable a much shorter application process, while minimising the review time needed ... Read the full article

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