US EditionResolution Life closes $1bn block reinsurance transaction in Hong Kong
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Resolution Life closes $1bn block reinsurance transaction in Hong Kong
Global life insurance group Resolution Life has closed a $1 billion block reinsurance transaction with a leading life insurer in Hong Kong, its first transaction in the region. This reinsurance transaction covers an in-force portfolio of participating whole life and annuity policies. It also transfers materially all risks associated with the guaranteed benefits of these policies from the cedent to Resolution Life, including market, policyholder …
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