Entries by Matt

Wilton Re Announces Acquisition by Canada Pension Plan Investment Board

Wilton Re Announces Acquisition by Canada Pension Plan Investment Board March 21, 2014 (Wilton, Connecticut)  Today, the Wilton Re Holding Limited (“Wilton Re”) board of directors announced it has entered into a definitive agreement for the sale of 100% of Wilton Re’s outstanding stock to Canada Pension Plan Investment Board (“CPPIB”), one of the fastest […]

Wilton Re Announces Acquisition of CNO’s Closed Block Life Insurance Subsidiary

Wilton Re Announces Acquisition of CNO’s Closed Block Life Insurance Subsidiary March 3, 2014 (Wilton, CT) Today Wilton Re Holdings Limited (“Wilton Re”) announced definitive agreements to acquire Conseco Life Insurance Company (“CLIC”) from CNO Financial Group (“CNO”) for approximately $237 million in cash, subject to the actual level of statutory capital and surplus at […]

Wilton Re Announces Acquisition of CNA’s Life & Group Subsidiary

Wilton Re Announces Acquisition of CNA’s Life & Group Subsidiary February 10, 2014 (Wilton, CT) Today Wilton Re Holdings Limited (“Wilton Re”) announced definitive agreements to acquire the majority of CNA Financial Corporation’s (“CNA”) payout annuity business, primarily consisting of in-force structured settlements and group annuities. As part of the transaction, Wilton Re’s U.S. operating […]

Fitch affirms ‘A’ IFS Rating for Wilton Re; Outlook Stable

Fitch affirms ‘A’ IFS Rating for Wilton Re; Outlook Stable January 6, 2014 On January 6, 2014, Fitch Ratings affirmed an ‘A’ Insurer Financial Strength (IFS) ratings to Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, Wilton Reassurance Life Company of New York and Texas Life Insurance Company (collectively referred to as Wilton Re). At the […]

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries May 31, 2013 On May 31, 2013, A.M. Best Co. affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Wilton Reinsurance Bermuda Ltd. (Hamilton, Bermuda), Wilton Reassurance Company (Minneapolis, MN), Texas Life Insurance Company (Waco, TX), […]

Fitch assigns initial ‘A’ IFS Rating to Wilton Re; Outlook Stable

Fitch assigns initial ‘A’ IFS Rating to Wilton Re; Outlook Stable February 20, 2013 On February 20 , 2013, Fitch Ratings assigned an initial ‘A’ Insurer Financial Strength (IFS) ratings to Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, Wilton Reassurance Life Company of New York and Texas Life Insurance Company (collectively referred to as Wilton […]

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries May 7, 2012 On May 7, 2012, A.M. Best Co. affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Wilton Reinsurance Bermuda Ltd. (Hamilton, Bermuda), Wilton Reassurance Company (Minneapolis, MN), Texas Life Insurance Company (Waco, TX), […]

Chris Stroup interview with SNL Financial

Chris Stroup interview with SNL Financial March 8, 2012 Chris Stroup, Chairman and Chief Executive Officer at Wilton Re, was recently interviewed by SNL Financial regarding trends in the U.S. Life Reinsurance market. In this exclusive sit-down interview, Mr. Stroup provided his perspective on current opportunities for acquisitions of closed blocks of life insurance and […]

Wilton Re featured in Insurance & Technology Magazine

Wilton Re featured in Insurance & Technology Magazine December 2011 Andy Wood, Senior Vice President and Chief Information Officer of Wilton Re, is featured in a December 2011 article in Insurance & Technology Magazine. The article, entitled “Insurance Companies Embrace Emerging Technologies to Support a Customer-Oriented Business Model,” discusses the investments life insurers and life […]

Wilton Re Sponsors Milliman Final Expense Study

Wilton Re Sponsors Milliman Final Expense Study October 25, 2011 Wilton Re has partnered with Milliman to conduct the most comprehensive mortality study of senior market products sold within the U.S. life insurance middle market. The Milliman Final Expense Study is based on final expense business issued within the United States by twenty insurance companies […]