Archive

Fortitude Re seals $3.8bn long-term care reinsurance deal with Unum Group

It builds on a successful transaction between Fortitude Re and Unum announced last year

Helen Webb named CRO at Unum

L&G rejoins ABI as bulk annuity group established

Association of British Insurers also overhauls governance structure

Unum's Mary Wagnon adds chief actuary to her CRO duties

Fortitude Re closes $3.4bn long-term care reinsurance deal with Unum

LDTI takes a bite from insurer balance sheets

US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports

S&P's capital model review: this could hurt

The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports

AIG predicts up to $3bn shareholder equity impact from LDTI

Expectations for it to be at lower end of $1bn to $3bn range

US insurers downplay LDTI hit in Q4 earnings calls

Unum and Genworth say no significant impact expected from new accounting rule

Insurers struggle to explain LDTI volatility to stakeholders

From communication to interpretation, experts discussed their challenges with implementing the incoming US life insurance accounting standard at last week's webinar. Cintia Cheong reports