Insurance Archives - Life Insurance International

Chariot Re debuts with reinsurance deal backed by MetLife and General Atlantic

vidhyamunnangi — Wed, 02 Jul 2025 09:40:22 +0000

Chariot Re has undertaken its first roughly $10bn reinsurance transaction with a MetLife subsidiary.

vidhyamunnangi — Wed, 02 Jul 2025 09:24:26 +0000

The agreement involves Unum America ceding $3.4bn of LTC reserves and nearly $120m of in-force IDI premiums.

vidhyamunnangi — Mon, 30 Jun 2025 08:12:09 +0000

Andrew Pryde will be responsible for overseeing the company’s global risk management strategy.

vidhyamunnangi — Fri, 27 Jun 2025 10:40:07 +0000

The deal encompasses Corebridge's entire variable annuity in-force book, with a total account value of $51bn.

Verdict Staff Writer — Thu, 26 Jun 2025 14:17:03 +0000

This move is part of AXA’s plan to streamline operations and execute a cohesive strategy.

vidhyamunnangi — Thu, 26 Jun 2025 10:21:40 +0000

The Saudi operation will provide reinsurance brokerage services including treaty and facultative placements.

vidhyamunnangi — Mon, 23 Jun 2025 08:43:18 +0000

The company secured full ownership of its JVs with CNP Assurances and Allianz.

Shivam Mishra — Wed, 18 Jun 2025 14:00:52 +0000

Following the transaction, Marcus Ryu, partner at Battery Ventures, will join Descartes as a board observer.

Shivam Mishra — Wed, 18 Jun 2025 13:04:32 +0000

The company has pledged to supply funding of up to £1.7m ($2.2m), comprising a mix of equity and a loan facility.

Shivam Mishra — Wed, 18 Jun 2025 10:51:22 +0000

The new divisions are Marine & Aviation, Specialty and Property, reflecting the company’s response to evolving market conditions.