Posts Tagged ‘#InsuranceNews’

Canada Life Reinsurance announces €4.7 Billion longevity agreement with Athora Netherlands

DUBLIN, March 18, 2021 /PRNewswire-HISPANIC PR WIRE/ – Canada Life Reinsurance is pleased to announce that it has recently entered into a long-term longevity reinsurance agreement with Athora Netherlands covering €4.7 billion of in-force liabilities and 104,500 in-payment and deferred policies.

Jeff Poulin, Global Head of Canada Life Reinsurance, affirms this agreement is another example of Canada Life Reinsurance’s strength as a partner for longevity reinsurance transactions globally.

“We are pleased to build and grow our relationship with Athora Netherlands with this major reinsurance agreement,” says Poulin. “It demonstrates our ability to work together with our partners to meet their reinsurance needs and adapt our solutions to their needs over time.”

Canada Life Reinsurance offers a range of innovative risk and capital management solutions for life, health and non-life risk to insurers, reinsurers, and pension funds globally.

About Canada Life Reinsurance

Canada Life Reinsurance provides its clients with reinsurance solutions for life and health, annuity, and property & casualty business through its offices in the United States, Canada, Ireland, Bermuda, and Barbados. Canada Life Reinsurance is a division of The Canada Life Assurance Company and certain of its subsidiaries and affiliates. The Canada Life Assurance Company is a subsidiary of Great-West Lifeco Inc. To learn more, visit canadalifere.com.

About Great-West Lifeco Inc.

Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. We operate in Canada, the United States and Europe under the brands Canada Life, Empower Retirement, Putnam Investments, and Irish Life.  At the end of 2020, our companies had approximately 24,500 employees, 205,000 advisor relationships, and thousands of distribution partners – all serving our more than 30 million customer relationships across these regions.

Great-West Lifeco and its companies have approximately CDN $2.0 trillion in consolidated assets under administration as at December 31, 2020 and are members of the Power Corporation group of companies.  Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO.  To learn more, visit greatwestlifeco.com.

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Blue Diamond Resorts now offers free All-In Medical Insurance to guests

CARIBPR WIRE, TALLAHASSEE, Fla., Aug. 19, 2020: Blue Diamond Resorts has partnered with MAS Servicios to provide guests with free All-In Medical Insurance. Starting September 1, 2020, guests who book directly through our Blue Diamond Resorts websites or reservation team will automatically receive extended health insurance to cover expenses incurred from any accidents or illnesses, including COVID-19 related medical needs, while on vacation.

“The health and safety of our guests continues to be our number one priority,” said Jordi Pelfort, President of Hotels and Resorts at Sunwing Travel Group. “By partnering with MAS Servicios to provide our valued guests with free All-In Medical Insurance, we are adding another layer of protection to our Safety-Assured Vacations program in order to help give our guests peace of mind so they can focus on relaxing in paradise.”

Blue Diamond Resorts’ All-In Medical Insurance provided by MAS Servicios includes, but is not limited to, the following coverage:

  • Medical assistance due to accident or illness (COVID-19 included) coverage up to $55,000 USD
  • Emergency medical transfer, funeral or repatriation coverage up to $50,000 USD
  • If a guest must remain at the hotel due to illness, coverage of quarantine costs up to $100 USD per night for 14 nights for the guest and three travel companions
  • Airfare covered for early return due to death of a relative or due to home-related accidents and emergencies
  • Medication for hospitalization, home doctor, 24-hour telephone medical assistance, psychological assistance, 24-hour legal assistance and checked luggage location are all included

In addition, the hotel management group has partnered with Cristal International Standards, an industry-leading global health and security risk management business. Blue Diamond Resorts’ Safety-Assured Vacations program features Cristal’s new POSI-Check (Prevention of the Spread of Infection), which is designed to monitor the effectiveness of health and safety programs in response to communicable infections in hotels and restaurants around the world.

For more information on Blue Diamond Resorts’ All-In Medical Insurance by MAS Servicios, please visit http://www.bluediamondresorts.com/travel-insurance.

About Blue Diamond Resorts

Since its inception in 2011, Blue Diamond Resorts has curated an impressive portfolio encompassing 46 properties, exceeding 15,500 rooms in ten countries. Taking a proactive approach to differentiating brands under each market’s demands, the resort management company caters to a range of budgets and interests from adult-only elegant getaways to fun-filled family vacations. Award-winning, All-In Luxury® Royalton Luxury Resorts offers signature amenities including All-In Connectivity™, modern Sports Event Guarantee™ and in-suite wellness elements. Royalton Luxury Resorts’ adults-only sub-brands include Hideaway at Royalton, an adults-only experience with exclusive dining and preferred accommodations, plus the stylish lifestyle resorts, Royalton CHIC, located in the Caribbean’s best beachfront locales. In Jamaica, Grand Lido Negril provides those over 21 with an upscale and luxurious naturist vacation along with a secluded shore for the utmost privacy. Memories Resorts & Spa offers a vacation designed to impress the entire family, featuring a popular kids club with famous themed characters, Toopy & Binoo™, while Starfish Resorts provides amazing value for customers in convenient locations. Planet Hollywood Hotels and Resorts invites guests to Vacation Like A Star™ with an engaging and interactive experience, plus famous pop culture items from iconic movies, music and sports. Mystique Resorts by Royalton, a boutique-style resort collection, offers personalized vacations in strikingly beautiful locals full of endless adventures.

To learn more about Blue Diamond Resorts, please visit www.bluediamondresorts.com.

About MAS Servicios
Starting its operations in 2005, MAS Servicios offers legal, insurance and assistance services to provide protection and peace of mind to its clients. Among the services offered by MAS Servicios are legal, road, medical, funeral, elderly and tourism assistance through a wide network of providers that meet the highest quality standards and service for the benefit of customers. In addition to its high-quality standards, MAS Servicios is committed to providing customer service and support 24 hours a day, 365 days a year, with a nationwide presence. The objective of MAS Servicios is to generate added value to the products of clients, partners and commercial allies through flexible and personalized solutions.

Dear CaribPR: Please distribute the attached press release via your media network in the Caribbean immediately. We will follow up with a Spanish translation. Please confirm receipt by replying to this email. Additionally, please notify us via [email protected] and MediaRelations@GlobeNewswire.com once the release has been distributed. Thank you. –The GlobeNewswire Editorial Team Telephone: 800-307-6627 or +1 (310) 642-6930 Facsimile: 800-307-3567 or +1 (310) 642-6933

Blue Diamond Resorts ahora ofrece seguro médico incluido gratuito a los huéspedes

CaribPR Wire, TALLAHASSEE, Fla., Aug. 19, 2020: En asociación con MAS Servicios, Blue Diamond Resorts ahora brindará un seguro médico integral gratuito a los huéspedes. A partir del 1 de septiembre de 2020, los huéspedes que reserven directamente a través de las páginas web de Blue Diamond Resorts o a través del equipo de reservas recibirán automáticamente un seguro médico extendido para cubrir los gastos incurridos por accidentes o enfermedades durante sus vacaciones, incluyendo las necesidades médicas relacionadas con COVID-19.

“La salud y seguridad de nuestros huéspedes sigue siendo nuestra prioridad número uno”, dijo Jordi Pelfort, presidente de Hoteles y Resorts de Sunwing Travel Group. “Al asociarnos con MAS Servicios para brindar a nuestros valiosos huéspedes un seguro médico integral gratuito, estamos agregando otra capa de protección a nuestro programa de Vacaciones con Seguridad Garantizada para ayudar a que nuestros huéspedes se sientan tranquilos y puedan enfocarse en relajarse en paraíso.”

El seguro médico incluido de Blue Diamond Resorts proporcionado por MAS Servicios incluye, entre otros beneficios, la siguiente cobertura:

  • Cobertura de asistencia médica por accidente o enfermedad (incluyendo COVID-19) por un monto de hasta $ 55,000 USD
  • Cobertura de traslado médico de emergencia, funeral o repatriación por un montón de hasta $ 50,000 USD
  • Si un huésped debe permanecer en el hotel debido a una enfermedad, la cobertura de cuarentena cubre hasta $ 100 USD por noche durante 14 noches para el huésped y tres acompañantes de viaje
  • Pasajes aéreos para regreso anticipado debido a la muerte de un familiar o debido a accidentes y emergencias relacionados con el hogar
  • Se incluye la cobertura de medicamentos para hospitalización, médico a domicilio, asistencia médica telefónica las 24 horas, asistencia psicológica, asistencia jurídica las 24 horas y el apoyo para reencontrar equipaje facturado que se haya perdido

Además, el grupo de gestión hotelera se ha asociado con Cristal International Standards, un negocio de gestión de riesgos de seguridad y salud global líder en la industria. El programa Safety-Assured Vacations de Blue Diamond Resorts presenta el nuevo módullo POSI-Check (Prevención de la propagación de infecciones) de Cristal, que está diseñado para monitorear la efectividad de los programas de salud y seguridad en respuesta a infecciones transmisibles en hoteles y restaurantes de todo el mundo.

Para obtener más información sobre el seguro médico integral de Blue Diamond Resorts de MAS Servicios, visite http://www.bluediamondresorts.com/es/travel-insurance

Acerca de Blue Diamond Resorts
Desde su inauguración en 2011, Blue Diamond Resorts ha crecido exitosamente hasta convertirse en la empresa de gestión hotelera de más rápido crecimiento en el Caribe, con 46 propiedades que sobrepasan las 15,500 habitaciones en 10 países. Con un enfoque innovador para diferenciar marcas según las demandas específicas de cada mercado, la cartera de Blue Diamond Resorts incluye productos diferenciados según los presupuestos y los intereses de sus clientes, desde elegantes propiedades sólo para adultos, hasta resorts llenos de diversión para las familias. Los galardonados resorts de lujo Royalton Luxury Resorts rediseñan la experiencia todo incluido al ofrecer amenidades exclusivas que incluyen All-In Connectivity™, el moderno concepto de Sports Event Guarantee™ y elementos de bienestar en las habitaciones y suites. Las submarcas de Royalton solo para adultos incluyen Hideaway at Royalton, el cual ofrece gastronomía exclusiva y alojamiento preferencial con acceso a todos los servicios y comodidades de la zona Royalton; así como los modernos y elegantes resorts, Royalton CHIC, localizados en los mejores destinos de sol y playa del Caribe. En Jamaica, Grand Lido Negril brinda unas vacaciones naturistas lujosas y elegantes frente a una exclusiva cala para mayor privacidad. Memories Resorts & Spa brinda una experiencia que complace a toda la familia, incluyendo variedad de actividades y kids clubs con los famosos personajes Toopy & Binoo™, mientras que la marca Starfish Resorts ofrece un valor sin igual en ubicaciones exóticas con alojamiento cómodo. Planet Hollywood Hotels and Resorts invita a los huéspedes a vivir la experiencia Vacation Like A Star ™ durante sus vacaciones con una experiencia atractiva e interactiva, además de contener una colección de artículos famosos de la cultura cinematográfica, musical y deportiva. Mystique by Royalton, una colección de resort de estilo boutique, ofrece vacaciones personalizadas en lugares sorprendentemente hermosos y llenos de aventuras sin fin.

Para conocer más sobre Blue Diamond Resorts, visite http://www.bluediamondresorts.com/es/.

Sobre MAS Servicios
Desde el inicio de sus operaciones en 2005, MAS Servicios ofrece servicios legales, de seguros y asistencia para brindar protección y tranquilidad a sus clientes. Entre los servicios que ofrece MAS Servicios se encuentran asistencia legal, vial, médica, funeraria, a la tercera edad y turística a través de una amplia red de proveedores que cumplen con los más altos estándares de calidad y servicio en beneficio de los clientes. Además de sus altos estándares de calidad, MAS Servicios tiene el compromiso de brindar servicio y soporte al cliente las 24 horas del día, los 365 días del año, con alta presencia a nivel nacional. El objetivo de MAS Servicios es generar valor agregado a los productos de clientes, socios y aliados comerciales a través de soluciones flexibles y personalizadas.

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Canada Life Reinsurance enters into €12bn longevity risk reinsurance agreement with Aegon

WINNIPEG, Manitoba, Dec. 19, 2019 /CNW/ - Canada Life Reinsurance is pleased to announce that it has recently entered into a long-term longevity reinsurance agreement with Aegon covering €12 billion of in-force liabilities. Close to 200,000 of in-payment and deferred pensioners will be reinsured by Canada Life Reinsurance under this agreement.

Jeff Poulin, Global Head of Canada Life Reinsurance, commented, “This transaction is the result of a great effort by both our team and Aegon’s team and highlights Canada Life Reinsurance’s strength as a partner for reinsurance longevity transactions globally”.  Derek Popkes, Chief Operating Officer at Canada Life Reinsurance, added “We are delighted to grow and diversify our global longevity portfolio by working with Aegon to deliver a transformational longevity transaction tailored to their specific requirements.  We will continue to innovate and work in partnership with our valued clients to deliver the best risk transfer solutions matching their objectives.”

Canada Life Reinsurance offers a range of innovative risk and capital management solutions covering mortality, longevity, health and lapse risks for insurers, reinsurers and pension funds across the U.S. and Europe, including the Netherlands, the U.K., France, Germany, Italy, Spain, Portugal, Sweden, Belgium and Ireland.

About Aegon
Aegon’s roots go back 175 years – to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions and asset management. Aegon’s purpose is to help people achieve a lifetime of financial security. More information on www.aegon.com.

About Canada Life Reinsurance
Canada Life Reinsurance is a division of The Canada Life Assurance Company and certain of its subsidiaries and affiliates. The Canada Life Assurance Company is a subsidiary of Great-West Lifeco Inc.

About Great-West Lifeco
Great-West Lifeco Inc. (TSX:GWO) is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. Great-West Lifeco has operations in Canada, the United States, Europe and Asia through Canada Life, Empower Retirement, Putnam Investments, and Irish Life. At the end of 2018, our companies had approximately 24,200 employees, 240,000 advisor relationships, and thousands of distribution partners – all serving our more than 31 million customer relationships across these regions.
Great-West Lifeco and its companies have €1.1 trillion (approximately C$1.6 trillion) * in consolidated assets under administration and are members of the Power Financial Corporation group of companies.

*as at September 30, 2019

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