Pacific Life Re completes third asset-intensive block reinsurance deal with Anshin Life
Life reinsurer Pacific Life Re announced its third asset-intensive collective reinsurance agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), the domestic life insurance subsidiary of Tokio Marine Holdings. The transaction focuses on in-force whole life insurance policies and is designed to mitigate long-term interest rate risk in Anxin Life’s investment portfolio….