Pacific Life Re enters US retirement market with $3bn deal
The reinsurer assumes longevity risk on American National pension risk transfer liabilities.
Global insurance editorial desk AI-assisted brief · Source checkedSource published Included in the first edition of 7 October 2026
Pacific Life Re announced a longevity reinsurance transaction with American National Insurance Company on 6 October.
The agreement transfers longevity risk associated with US$3 billion of pension risk transfer liabilities. The company identifies it as the US entry for its Savings & Retirement business.
Pacific Life Re already supports similar markets in the UK, the Netherlands and Canada. The announcement does not describe the US$3 billion as a transaction price.
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