LATEST COVERAGE
Developments, evidence and context from the insurance industry.
Reinsurance
AM Best affirmed the 'A' (Excellent) financial strength rating of Barbados-based Active Capital Reinsurance, with a stable outlook, Middle East Insurance Review reported.
Source: Middle East Insurance Review
Reinsurance
The agreement covers dollar-denominated whole life reserves from Prudential Financial’s Japanese businesses.
Source: Prudential Financial / Prismic Life
Reinsurance
The reinsurer assumes longevity risk on American National pension risk transfer liabilities.
Source: Pacific Life Re
Reinsurance
The Munich Re transaction covers biometric risk on a block with C$3.2bn of reserves at an 80% quota share.
Source: Manulife