Berkley Re is excited to announce the launch of Berkley Re Turnkey Solutions, a new division dedicated to providing innovative reinsured turnkey solutions to carriers, Managing General Agents (MGAs), ...

Berkley Re, a provider of reinsurance solutions, has announced the launch of its new division, Berkley Re Turnkey Solutions, ...

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ...

The increasing trend of offshore reinsurance being used by US life insurers, particularly in the US, Bermuda and the Cayman ...

Net cat loss from the wildfires, pre-tax, was pegged at $155mn-$325mn. Factors considered in the net loss figure include the ...

We have done a few longevity swap reinsurance deals over the years but this was the first deal where we reinsured risk from both sides of the balance sheet to bring new solutions to the market.

And so that was completed. The second step is we're moving business from our New York entity that was already reinsured, but now we're going to move it and innovate it to Arizona. That's on-track ...

In 2023, Lincoln reinsured approximately $28 billion of in-force fixed annuity, hybrid long-term care (MoneyGuard), and ULSG reserves to Fortitude Reinsurance Company Ltd (Bermuda); and Lincoln ...

In a separate move to reduce legacy liability risk, Prudential reinsured a significant block of guaranteed universal life reserves to Wilton Re for net proceeds of $350 million in August 2024.

but of which the majority is reinsured in the international market. S&P therefore expects a relatively modest net impact on bottom line results of local insurers. The rains caused massive losses ...