Bermuda-based InEvo Re, a specialist life reinsurer backed by Macquarie Asset Management, has announced the successful completion of its third reinsurance transaction since its launch earlier this year.
The latest deal with a UK life insurance company marks a significant expansion of the company’s footprint in the highly competitive UK pension risk transfer (PRT) market.
The transaction was executed using an efficient, customized structure specifically designed to meet the client’s risk and capital management objectives.
While specific financial terms of the transaction have not been disclosed, it underscores InEvo Re’s reimbursement scale strategy and growing role as a major capital partner for global life insurance companies.
Tim Humphrey, Chairman of InEvo Re, said: “This is another important step in delivering on our strategy to deliver value and security to our partners and their policyholders. We look forward to continuing this momentum as we move into 2026.”
The latest transaction highlights InEvo Re’s strong underwriting capabilities and its growing ability to deliver complex solutions to international markets.
InEvo Re’s first UK transaction took place in March 2025 when it entered into an agreement with a leading UK insurer to reinsure its PRT liabilities, including pension and deferred pensioner payments.
In September 2025, the life reinsurer announced a second reinsurance agreement with a U.S. life insurance company covering approximately $1 billion in long-term liabilities.
