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Browsing: Protective Life
Resolution Life and Protective, a US subsidiary of Dai-ichi Life Holdings, have entered into a significant reinsurance agreement covering structured settlement annuities and life insurance business.
Dai-ichi Life’s US subsidiary, Protective Life Corporation, enters a strategic reinsurance agreement with Resolution Life, driven by upcoming capital regulations.
Resolution Life has signed a reinsurance agreement with Protective Life Corporation’s insurance subsidiaries, covering $9.7 billion in reserves.
Protective Life and Resolution Life have struck a $9.7 billion reinsurance deal. Protective will offload structured settlement annuities and secondary guaranteed universal life policies to Resolution Life.