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15 January 2024Insurance

Resolution Re picked up £2bn UK annuities in second UK funded re deal

Bermuda-based legacy reinsurer Resolution Re picked up some £2bn of individual in-payment UK annuity liabilities on longevity risks of approximately 90,000 policyholders in the group’s second-ever funded reinsurance transaction in the UK market.

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More on this story

Resolution Re seals reinsurance agreement with Dai-Ichi Life

22 June 2022 The transaction marks a busy period of M&A for the company following deals with Lincoln, Allianz & AIA.

Resolution Re and Allianz Suisse Life close record-breaking deal

1 October 2021 The deal represents the largest ever direct risk transfer from Switzerland to Bermuda

Resolution Re names Steve Hales as CEO; Bermuda-domiciled reinsurer looks to build business

8 October 2019 Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group.

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