Posts Tagged ‘#InsuranceNews’

Great Bay Insurance Group announces leadership changes

WEST ATLANTIC CITY, N.J., Dec. 22, 2025 /PRNewswire-HISPANIC PR WIRE/ — The Great Bay Insurance Group (the “Group”), the leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Brian S. Schleider., has been named as Executive Vice President and Chief Financial Officer of the Group and Sharon Karlsson-Simons has been promoted to Senior Vice President of Business Development for Great Bay Underwriting Services, a wholly owned affiliate of the Group.

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Mr. Schleider joined the Group in March 2020 as Chief Financial Officer. He has over 35 years of industry experience in accounting, finance and capital management. He has a has an MBA from Saint Joseph’s University and a BS in Accounting from Rider University. He’s currently a member of the American Institute of Certified Public Accountants.

Ms. Karlsson-Simons joined Great Bay in March 2020 as Director of Marketing and brings over 35 years of industry experience in a career deeply rooted in the coastal insurance sector. She is widely recognized for her ability to drive profitable expansion and for cultivating strong, long-lasting robust agency relationships. In addition, Sharon holds a degree in Advertising and Marketing Communications from FIT.

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The Insurance Association of the Caribbean appoints Equisoft’s insurance expert as new board member

Ruben Veerasamy’s expertise and leadership will be instrumental in driving forward the IAC mission in ensuring that the Caribbean insurance industry continues to evolve.

PORT OF SPAIN, Trinidad and Tobago, Sept. 10, 2025 /PRNewswire-HISPANIC PR WIRE/ — Equisoft, a leading global provider of digital solutions for the insurance and wealth industries, is pleased to announce that Ruben Veerasamy, Equisoft’s leading insurance expert in the Caribbean, has joined the IAC Board of Directors. The announcement was made during the 43rd Annual Caribbean Insurance Conference in Panama.

The Insurance Association of the Caribbean appoints Equisoft’s insurance expert as new board member

“We’re thrilled to welcome Ruben as a new member of our Board of Directors. With over 20 years of extensive experience in the industry, we believe Ruben will significantly contribute to fulfilling IAC’s mission of promoting and fostering the advancement of the Caribbean insurance industry,” said Patrick G. W. Ward, President, IAC.

Ruben brings a unique blend of technical expertise and strategic leadership to the IAC board. In his current role overseeing sales, project delivery, and account management for the Caribbean region, Ruben has helped 18 Caribbean insurers modernize their legacy systems. His hands-on experience guiding insurance carriers through complex digital transformations, ensuring optimal solutions are delivered on-time and on-budget, positions him to provide valuable insights that will help shape the future direction of the Caribbean insurance industry.

“I’m deeply honored to join the IAC Board of Directors. I’m excited to contribute to help drive forward IAC’s mission in fostering the advancement of the Caribbean insurance industry,” said Ruben Veerasamy, Equisoft Senior VP, Caribbean. “Partnering with IAC is part of Equisoft’s global mission to make financial services accessible to all through innovative technologies and industry collaborations,” added Veerasamy.

About IAC

IAC was the brainchild of a small group of visionaries (industry leaders from Jamaica, Trinidad & Tobago, Guyana and Barbados) who wanted to prepare the indigenous insurance industry for the future challenges of the remaining century. Its mission is to promote and foster the advancement of the Caribbean insurance industry through research, education and advocacy, in so doing to create a platform for regional harmonisation and integration in the industry.

About Equisoft

Founded in 1994, Equisoft is a global provider of advanced insurance and investment digital solutions. Recognized as a valued partner by over 300 of the world’s leading financial institutions, Equisoft offers a complete ecosystem of solutions, from innovative front-end applications to extensive back-office services and unique data migration expertise. The firm’s flagship solutions include SaaS policy administration, CRM, financial needs analysis, financial planning, asset allocation, fund and portfolio analysis, quotes and illustrations, electronic application, agency management systems, as well as customer, agent and broker portals. With its business-driven approach, deep industry knowledge, innovative technology, and multicultural team of experts based in North America, the Caribbean, Latin America, Europe, Africa, Asia and Australia, Equisoft helps its clients tackle any challenge in this era of digital disruption. For more information, please visit www.equisoft.com.

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Great Bay CEO Receives Company Person of the Year Award

WEST ATLANTIC CITY, N.J., Aug. 22, 2025 /PRNewswire-HISPANIC PR WIRE/ — The Great Bay Insurance Group (the “Group”), the leading provider of coastal homeowners’ insurance in New Jersey, today announced that Timothy J. Byrne, Sr., Chief Executive Officer of the Group, has been award the Company Person of the Year by the PIANJ at its annual conference. This award is given to individuals who foster a strong working relationship with agents and brokers, and who exemplify a commitment to professionalism and service.

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Great Bay is a coastal Homeowners writer in New Jersey with plans to expand into other products and States. Great Bay is known for its ease of doing business, prompt fair claims handling and most of all for providing a stable market.

Mr. Byrne, Sr., a founding member of the Group in 2019, has over 40 years of broad industry experience in various leadership capacities. Mr. Byrne began his career at 14 years old working summers in his father’s retail agency founded by his grandfather John J Byrne in 1959, The J Byrne Agency of Cape May County NJ, working nine summers while attending Wildwood High School, Rutgers College and a post-graduate degree in Insurance from what is now the St. John’s School of Risk Management, Insurance & Actuarial Science. Mr. Byrne joined the agency full-time in June of 1983.

In 2003 Mr. Byrne, having identified the need for a Coastal Homeowners option, founded Coastal Agents Alliance (”CAA”) ultimately placing over $50,000,000 in surplus lines homeowners’ business in eight northeast states. In 2015 he sold CAA to Gryphon investors who merged CAA with Orchid Underwriters out of Vero Beach FL.

After three years at Orchid Underwriters, Mr. Byrne left to form Great Bay Insurance Group, which began operations in August of 2019. In Mr. Byrne’s acceptance speech, he highlighted his love of independent agents and how IAs were the key to his success. Between his time at CAA and Orchid he claimed he has probably visited more independent agencies than any other person alive. “Few can do what independent agencies can do,” Mr. Byrne told the audience of independent agents. “From the threat of ‘captive agents’ in the 1970s to the ‘banks-forming-insurance-agencies’ of the 1990s to the current AI and the internet cutting out the middleman, agents have survived. Weathering the coastal HO crises post Andrew or KRW, or the wildfire crisis post-California fires, IA’s have not only survived but thrive in challenging environments. Other outlets of distribution pack up and go home,” said Mr. Byrne.

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Aspida Re Expands Global Footprint with Strategic Reinsurance Transaction in Japan

CARIBPR WIRE, DURHAM, N.C., July 22, 2025: Aspida Life Re Ltd (“Aspida Re”), a Bermuda-based life and annuity reinsurance company, announced the execution of its second reinsurance transaction in Japan, effective June 1, 2025. This milestone marks a significant step in Aspida Re’s ongoing strategy to expand its global footprint and deliver innovative reinsurance solutions to life and annuity insurance partners worldwide.

The transaction was completed with a highly rated Japanese life insurance carrier (“Company”). Aspida Re, rated A- (Excellent) by AM Best, will reinsure new or incoming flow business. The reinsured product is a Japanese yen (JPY) denominated fixed annuity, highlighting Aspida Re’s ability to manage foreign exchange risk and deliver tailored solutions to its cedents.

“This transaction is highly strategic for Aspida Re,” said David Florian, CEO of Aspida Re. “It reflects our deep commitment to the Japanese market and our broader vision of supporting insurers around the world with innovative, capital-efficient reinsurance solutions.”

Aspida Re’s continued growth in Asian markets demonstrates its agility and expertise in navigating complex regulatory and financial environments, while reinforcing its role as a trusted partner in the global reinsurance landscape.

“We are excited to secure our second Japanese reinsurance agreement,” said Jon Steffen, President and Chief Actuary of Aspida Re. “Our flexibility and customized solutions allow us to provide significant advantage to clients and partners, no matter their location.”

To learn more about Aspida Re, visit aspidare.bm.

About Aspida Re

Aspida Life Re Ltd (“Aspida Re”), a Bermuda-based reinsurance platform, is focused on providing efficient and secure life and annuity reinsurance solutions to its global clients. Aspida Re seeks to be a trusted partner in its clients’ long-term financial growth by delivering creative, customized solutions while driving business by doing good for the communities it serves. Aspida Re is part of Aspida Holdings Ltd, with over $23.1bn in total assets as of March 31, 2025. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions, and corporate development partner to Aspida Re. For more information on Aspida Re, please visit www.aspidare.bm or follow them on LinkedIn.


Aspida Re amplía su presencia global con una transacción estratégica de reaseguros en Japón

CARIBPR WIRE, DURHAM, Carolina del Norte, July 22, 2025: Aspida Life Re Ltd (”Aspida Re”), una compañía de reaseguros de vida y rentas vitalicias con sede en Bermudas, anunció la ejecución de su segunda transacción de reaseguros en Japón, con fecha efectiva del 1 de junio de 2025. Este logro marca un paso significativo en la estrategia continua de Aspida Re para expandir su presencia global y ofrecer soluciones innovadoras de reaseguros a los socios de seguros de vida y rentas vitalicias en todo el mundo.

La transacción se completó con una compañía de seguros de vida japonesa altamente calificada (”empresa”). Aspida Re, clasificado A- (Excelente) por AM Best, reasegurará el negocio de flujo nuevo o entrante. El producto reasegurado es una renta vitalicia fija denominada en yenes japoneses (JPY), que destaca la capacidad de Aspida Re para gestionar el riesgo cambiario y ofrecer soluciones personalizadas a sus cedentes.

“Esta transacción es altamente estratégica para Aspida Re”, dijo David Florian, director ejecutivo de Aspida Re. “Refleja nuestro profundo compromiso con el mercado japonés y nuestra visión más amplia de apoyar a las aseguradoras de todo el mundo con soluciones de reaseguros innovadoras y eficaces en capital”.

El crecimiento continuo de Aspida Re en los mercados asiáticos demuestra su agilidad y experiencia para desenvolverse en entornos regulatorios y financieros complejos, mientras fortalece su rol como socio de confianza en el escenario global de los reaseguros.

“Estamos muy contentos de asegurar nuestro segundo acuerdo de reaseguros japonés”, dijo Jon Steffen, presidente y actuario jefe de Aspida Re. “Nuestra flexibilidad y soluciones personalizadas nos permiten ofrecer una ventaja significativa a los clientes y socios, independientemente de su ubicación”.

Para más información acerca de Aspida Re, visite aspidare.bm.

Acerca de Aspida Re

Aspida Life Re Ltd (”Aspida Re”), una plataforma de reaseguros con sede en Bermudas, se centra en ofrecer soluciones eficaces y seguras de reaseguros de vida y rentas vitalicias para sus clientes globales. Aspida Re busca ser un socio de confianza en el crecimiento financiero a largo plazo de sus clientes ofreciendo soluciones creativas y personalizadas, al mismo tiempo que impulsa el negocio haciendo el bien en las comunidades a las que sirve. Aspida Re es parte de Aspida Holdings Ltd, con más de $ 23.1 mil millones en activos totales al 31 de marzo de 2025. Una subsidiaria de Ares Management Corporation (NYSE: ARES) actúa como el administrador de inversiones dedicado, soluciones de capital y socio de desarrollo corporativo de Aspida Re. Para más información sobre Aspida Re, visite, www.aspidare.bm o siga LinkedIn.

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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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