While there is increasing interest among insurers to seek solutions for their blocks, few reinsurers with strong credit ratings have expressed interest in acquiring legacy LTC blocks.
In 2018, Wilton Re US successfully executed a reinsurance transaction for $2.7 billion of legacy comprehensive and nursing home LTC insurance policies with CNO Financial Group. Wilton Re also agreed to assume administration for the business after a transition period.
Our entrance into the LTC line of business in North America solidifies our position as the leading provider of solutions for the industry’s most complex financial and operational issues.
