Reinsurance News
Pacific Life Re
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
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
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