NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Pacific Life Insurance Company announced today that it has signed an agreement to purchase Manulife Financial Corporation’s life retrocession business. The ...

OLDWICK, N.J.--(BUSINESS WIRE)-- In this AM BestTV episode from the Singapore International Reinsurance Conference (SIRC) in Singapore, attendees said that as a result of additional catastrophe losses ...

The Life and General Insurance Association of Korea said on the 11th it revised the "standard consent to provide information" so retrocession contracts, which allow insurers to disperse risk and ...

Bermuda market veteran Robert Bisset has joined Lockton Re as chairman, global retrocession and property specialty, Bermuda and Market Capital. The company said his appointment is subject to ...

A US judge’s opinion in favour of Validus Re in a tax case could have positive implications for Bermuda reinsurers. Retrocession arrangements in respect to offshore entities providing coverage for US ...

Foreign retrocession insurance transactions are beyond the reach of IRS excise taxes based on the plain language of 26 U.S.C. § 4371(3), which aims to tax insurance transactions involving policies ...