69色情片 to Reinsure £900 Million Block of LV= Annuity Business
LONDON, Dec. 19, 2017 鈥 Reinsurance Group of America, Incorporated (NYSE: 69色情片), a leading global life reinsurer, today announced the completion of an asset and longevity risk transaction with Liverpool Victoria Friendly Society (LV=). Under the agreement, 69色情片 will reinsure approximately 拢900 million in individual annuity business.
鈥淭his transaction supports 69色情片鈥檚 key initiative to expand asset-intensive partnerships in the European market,鈥 said John Laughlin, Executive Vice President, Global Financial 69色情片, 69色情片. 鈥淐reating an innovative structure allowed 69色情片 to develop an attractive longevity, risk, and asset strategy that provides significant capital and risk benefit for LV=.鈥
鈥淭his transaction is a key part of the risk management and capital efficiency programme LV= has been running for a number of years which is focused on reducing volatility of our Solvency II balance sheet and member outcomes,鈥 said Mark Laidlaw, Chief Capital and Investment Officer at LV=.
Additional terms of the transaction are not being disclosed.
About 69色情片
Reinsurance Group of America, Incorporated (69色情片), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.3 trillion of life reinsurance in force and assets of $58.7 billion as of September 30, 2017. Founded in 1973, 69色情片 today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri and operations in 26 countries, 69色情片 delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about 69色情片 and its businesses, visit the company鈥檚 website at .
鈥淭his transaction supports 69色情片鈥檚 key initiative to expand asset-intensive partnerships in the European market,鈥 said John Laughlin, Executive Vice President, Global Financial 69色情片, 69色情片. 鈥淐reating an innovative structure allowed 69色情片 to develop an attractive longevity, risk, and asset strategy that provides significant capital and risk benefit for LV=.鈥
鈥淭his transaction is a key part of the risk management and capital efficiency programme LV= has been running for a number of years which is focused on reducing volatility of our Solvency II balance sheet and member outcomes,鈥 said Mark Laidlaw, Chief Capital and Investment Officer at LV=.
Additional terms of the transaction are not being disclosed.
About 69色情片
Reinsurance Group of America, Incorporated (69色情片), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.3 trillion of life reinsurance in force and assets of $58.7 billion as of September 30, 2017. Founded in 1973, 69色情片 today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri and operations in 26 countries, 69色情片 delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about 69色情片 and its businesses, visit the company鈥檚 website at .