Reinsurance News
Talcott Resolution
Talcott enters into $10bn reinsurance agreement with MetLife
1st May 2025
Talcott Financial Group, a life insurance provider specialising in risk solutions, has entered into a block reinsurance transaction of approximately $10 billion through its subsidiary, Talcott Resolution Life Insurance Company (Talcott Resolution), with Metropolitan Life Insurance Company (MetLife). The transaction is structured on both a modified coinsurance and funds-withheld basis, as ... Read the full article
Moody’s upgrades Talcott Financial Group & subsidiaries outlook to positive
16th August 2024
Moody’s Ratings has upgraded the insurance financial strength (IFS) ratings of Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company from Baa2 to Baa1. The company also upgraded the senior unsecured debt rating of Talcott Resolution Life, Inc. and the issuer rating of Talcott Financial Group, Ltd. ... Read the full article
Credit ratings of Talcott Resolution Life subsidiaries upgraded by AM Best
30th October 2023
AM Best has upgraded the credit ratings for most of Talcott Resolution Life, Inc.’s subsidiaries, and given them a stable outlook. The Financial Strength Rating (FSR) for Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company was upgraded to A- (Excellent) from B++ (Good) and the Long-Term ... Read the full article
Talcott names Michael Smith as Executive Chairman
18th July 2023
Sixth Street’s Talcott, an international life insurance group, has announced the appointment of Michael Smith as Executive Chairman, effective immediately. Smith brings 38 years of experience in the insurance industry. He joins after an almost 14 years tenure at Voya Financial, where he most recently served as Vice Chair and Chief ... Read the full article
Sixth Street’s Talcott sets up new Bermuda reinsurer Talcott Life Re
31st March 2023
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of recently established Bermuda-based reinsurer Talcott Life Re. AM Best states that the ratings reflect the reinsurer's balance sheet strength, which it assesses as very strong, as well as its adequate ... Read the full article
Moody’s upgrades Talcott’s ratings, outlook remains positive
20th December 2022
Moody’s has upgraded the insurance financial strength (IFS) ratings of Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company (TLA) to Baa2 from Baa3, the outlook of the Talcott entities remains positive. Moody's upgrade and continued positive outlook reflect the firm's view that recent large transactions along ... Read the full article
Talcott completes $7bn reinsurance deal with Guardian
2nd November 2022
International life insurance group Talcott Financial has announced the completion of a transaction with The Guardian Life Insurance Company of America to reinsure $7.4 billion in variable annuity liabilities. First announced last month, the deal was conducted between subsidiaries Talcott Resolution Life Insurance Company and The Guardian Insurance & Annuity ... Read the full article
Talcott in $7bn block reinsurance deal with Guardian
6th October 2022
International life insurance group Talcott Financial has entered into a transaction with The Guardian Life Insurance Company of America to reinsure $7.4 billion in variable annuity liabilities. The deal will be conducted between subsidiaries Talcott Resolution Life Insurance Company and The Guardian Insurance & Annuity Company, Inc., and will primarily cover ... Read the full article
Talcott Resolution executes new flow reinsurance transaction
11th August 2022
Talcott Resolution has executed a flow reinsurance transaction between itself and an unnamed US annuity writer. The firm said in a statement that under the terms of the agreement, Talcott will reinsure a quota share of the cedant's innovative fixed indexed annuity product, covering business beginning August 2, 2022. The cedant will ... Read the full article
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