Reinsurance News

Transamerica

Transamerica Life Bermuda to establish in Dubai following DFSA licence approval

6th June 2025

Transamerica Life Bermuda, a global high-net-worth (HNW) life insurer, is expanding its international presence with the establishment of a new base in the Dubai International Financial Centre (DIFC). This strategic move follows the successful acquisition of a licence from the Dubai Financial Services Authority (DFSA), a global financial centre in the ... Read the full article

Transamerica makes two senior hires

12th January 2021

High net worth life insurer Transamerica Life (Bermuda) has appointed Jeremy Young as its global Head of Sales & Distribution. The insurer also announced that Benjamin Chua, Head of Finance for its Singapore Branch Office, will assume the additional role of Chief Executive for Transamerica in Singapore after receiving regulatory approval ... Read the full article

SCOR Global Life and Transamerica Ventures invest in iBeat health tech

8th June 2018

SCOR Global Life and Transamerica Ventures, the venture capital arm of the Aegon Group and Transamerica, have invested in wearable health technology company iBeat in support of its wellness and safety platform. The investments include enterprise partnerships and booked revenue for iBeat’s cardiac monitoring smartwatch, which will eventually be rolled out ... Read the full article

SCOR to reinsure block of Aegon’s life reinsurance business

28th December 2017

Aegon has announced an agreement to divest a block of life reinsurance business to French reinsurer SCOR, and also revealed that it is to dissolve a related captive insurance firm. Under the agreement, Aegon's Transamerica life subsidiaries will reinsure $750 million of liabilities to SCOR, which covers roughly 50% of the ... Read the full article