Reinsurance News
Pacific Life Re
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
Pacific Life Re strengthens savings & retirement team with key promotions
11th July 2024
Pacific Life Re, a company in the life and health reinsurance sector, is growing its client solutions team in the savings and retirement business. This expansion will enhance their ability to support clients as the business grows in both current and new markets. Philip Edbrooke is now Vice President, Client Solutions (UK ... Read the full article
Malaysian Re and Pacific Life Re extend MoU on sustainable retakaful solutions
14th June 2024
Malaysian Re and Pacific Life Re Limited, Singapore Branch have signed an extension of their Memorandum of Understanding (MoU) on providing sustainable retakaful solutions to Takaful Operators. This collaboration was first established in 2019, and since then, Malaysian Re's Retakaful Division (MRRD) has worked with Pacific Life Re to provide ... Read the full article
Pacific Life Re signs asset intensive reinsurance agreement with Tokio Marine & Nichido Life
28th May 2024
Pacific Life Re, the global reinsurer and wholly owned subsidiary of Pacific Life, has announced an asset-intensive reinsurance agreement in Japan with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life). The deal, covering in-force whole-of-life policies, will provide Anshin Life with a new method to reduce its portfolio's long-term interest ... Read the full article
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
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