Wilton Re Supports Habitat for Humanity
July 28, 2011

Chris Stroup, Chairman and Chief Executive Officer at Wilton Re, was among many Wilton Re employees who were on hand July 28, 2011 to help build a new Habitat for Humanity home in Bridgeport, Connecticut.

“We were so pleased and grateful to have volunteers from Wilton Re help us construct [local family’s] home. We rely on support from volunteer groups to build homes as cost effectively as possible,” said Bruce Berzin, Co-President for Habitat for Humanity of Coastal Fairfield County. “Wilton Re’s help brings us closer to having [local family’s] home ready for [them] by the end of the year. This home is one of 12 that Habitat CFC will complete this year in Bridgeport, Stamford and Stratford thanks to the financial and volunteer support of corporations like Wilton Re as well as faith community, civic groups and individual supporters.”

Wilton Re volunteers worked alongside current and future Habitat homeowners and other volunteers in what turned out to be one of the hottest days of the year. However, the weather did not prevent the Wilton Re team from having a productive, engaging and rewarding day to help make a difference in the life of a local family.

For more information, please contact David Van Der Beek at [email protected], or by phone at (203) 762-4442.

Wilton Re quoted in Reactions article on opportunities in the Life Reinsurance market
June 15, 2011

Ray Eckert, Senior Vice President and Chief Sales and Marketing Officer at Wilton Re, was recently interviewed for an article published June 2011 by Reactions Magazine. In the article, Life reinsurance, but not as we knew it, which focuses on industry trends and opportunities, Ray provides commentary regarding the developing Solvency II requirements as well as the growing challenges that are faced by the insurance industry to, among other things, replace legacy systems and to adapt to changing consumer expectations. With the insurance environment evolving as this article denotes, Ray indicates potential solutions through administrative reinsurance and private labeling arrangements as methods to achieve operational efficiencies, release higher capital requirements and capture the benefits of reinsurers’ product development and competitive capital.

For further details regarding this article, please visit www.reactionsnet.com

For more information, please contact Ray Eckert at [email protected], or by phone at (203) 762-4436.

A.M. Best Upgrades Ratings of Wilton Re to A (Excellent), Stable Outlook
April 21, 2011

On April 21, 2011 insurance industry ratings specialist A.M. Best upgraded the Financial Strength Rating (FSR) to A (Excellent) from A-(Excellent) and issuer credit ratings (ICR) to ‘a’ from ‘a-‘ for Wilton Re, comprised of Wilton Reinsurance Bermuda Ltd.(Hamilton Bermuda), Wilton Reassurance Company (Plymouth, MN), Texas Life Insurance Company (Waco, TX) and Wilton Reassurance Life Company of New York, (Rye Brook, NY). The outlook for the ratings is stable.

A.M. Best cited Wilton Re’s successful execution of its business plan, continued growth in earnings and operating efficiencies as factors supporting the ratings upgrade, as well as the Company’s strong risk-adjusted capital ratios, conservative investment portfolio and experienced management team. They further mentioned that Wilton Re is debt free with no operating leverage, maintains a favorable liquidity position and has demonstrated the ability to secure outside equity capital, as needed, for the growth of its business. The full press release can be accessed here.

Chris C. Stroup, Chairman and CEO of Wilton Re, said “We are very pleased with A.M. Best’s decision to upgrade the ratings of Wilton Re, especially in the wake of the financial crisis of the past several years. Wilton Re has been consistent and conservative in its approach to building shareholder value while serving the U.S. life insurance industry and our policyholders. We believe the upgrade is an affirmation of the long-term financial security we bring to our relationships with our business partners, as well as to the over one million policyholders we serve through Texas Life Insurance Company, Wilton Reassurance Life Company of New York and through our administrative reinsurance transactions. We continue to bring creative solutions, backed by significant capital resources, to our clients and look forward to continued growth and the further development of our businesses.”

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Wilton Re is a private equity-sponsored life reinsurance company focusing on the U.S. life reinsurance market and is a leading provider of administrative reinsurance and M&A solutions in the industry. Through Texas Life Insurance Company, Wilton Re is also a leader in the worksite permanent life insurance market. The Company is led by an experienced team of specialists with expertise in acquisitions, operations management, capital markets structuring and reinsurance which it utilizes to develop tailored solutions to assist clients’ with their most complex risk and capital management issues.

Launched in January 2005, Wilton Re successfully raised a total of $1.2 billion of equity capital which the Company has deployed in a variety of strategic reinsurance and M&A opportunities. These transactions have involved traditional reinsurance arrangements, as well as primary stock acquisitions and closed block indemnity reinsurance transactions.

For more information please contact Ray Eckert at 203-762-4436 or at [email protected].

Wilton Re quoted in Reactions Special Report: Insurance Market Guide 2011
February, 2011

Ray Eckert, Senior Vice President and Chief Sales and Marketing Officer at Wilton Re, was recently featured in an article published February 2011 by Reactions Magazine. The article, Rising Stars Standing Out From the Crowd, highlights fifty senior executives within the global insurance industry who stand out among their peers.

For further details regarding this article, please visit www.reactionsnet.com

For more information, please contact Jessica Weiss at [email protected], or by phone at (203) 762-4476.