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Best's Credit Rating Notification - Somerset Reinsurance Ltd.
AM Best has made the following rating update: Company: Somerset Reinsurance Ltd. AMB #: 061751 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR Action: ...
Source: Rating Actions   Date: July 30, 2026
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Brighthouse Net Loss More Than Doubles in First Quarter as $4.1 Billion Aquarian Merger Looms
Aquarian Capital LLC (BestWire, Feb. 12, 2026). The deal concerning a unit of Aquarian Capital will see the life and annuity carrier operate as a standalone entity (BestWire, Nov. ...
Source: BestWire   Date: May 8, 2026
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Brighthouse Fourth-Quarter Net Income Falls Amid Pending $4.1B Merger With Aquarian
Aquarian Capital LLC (BestWire, Feb. 12, 2026). The deal concerning a unit of Aquarian Capital will see the life and annuity carrier operate as a standalone entity (BestWire, Nov. ...
Source: BestWire   Date: February 24, 2026
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Brighthouse Financial Stockholders Approve $4.1 Billion Merger With Aquarian
Brighthouse was spun off from MetLife Financial Inc. in 2017. The announcement comes after executives spent much of 2025 declining to discuss a potential sale when it was ...
Source: BestWire   Date: February 12, 2026
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Aquarian Holdings to Acquire Brighthouse in $4.1 Billion All-Cash Deal
Brighthouse was spun off from MetLife Financial Inc. in 2017. The announcement comes after executives spent much of 2025 declining to discuss a potential sale when it was ...
Source: BestWire   Date: November 6, 2025
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AM Best Assigns Credit Ratings to Somerset Life Reinsurance Ltd.
...Somerset Life Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Somerset Life Re's balance sheet strength, which AM Best assesses ...
Source: Press Releases   Date: August 20, 2025
AM Best Assigns Credit Ratings to Somerset Life Reinsurance Ltd.
...Somerset Life Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Somerset Life Re's balance sheet strength, which AM Best assesses ...
Source: BestWire   Date: August 20, 2025
AM Best Upgrades Credit Ratings of Somerset Reinsurance Ltd. and Somerset Reinsurance Company
Somerset Reinsurance Ltd. (Somerset Re) (Hamilton, Bermuda) and Somerset Reinsurance Company (SRC) (Orlando, FL). The outlook of Somerset Re's Credit Ratings (ratings) has been ...
Source: Press Releases   Date: July 31, 2025
Best's Credit Rating Notification - Somerset Reinsurance Ltd.
AM Best has made the following rating update: Company: Somerset Reinsurance Ltd. AMB #: 061751 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR Action: ...
Source: Rating Actions   Date: July 31, 2025
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AM Best Upgrades Credit Ratings of Somerset Reinsurance Ltd. and Somerset Reinsurance Company
Somerset Reinsurance Ltd. (Somerset Re) (Hamilton, Bermuda) and Somerset Reinsurance Company (SRC) (Orlando, FL). The outlook of Somerset Re's Credit Ratings (ratings) has been ...
Source: BestWire   Date: July 31, 2025
Growing US Annuity Market Fuels Increase in Offshore Life Reinsurance
Kevin Hovi, president of Bermuda-domiciled at Kuvare Life Re Lt., an annuity-focused reinsurer. "People need retirement products, and in some cases, in can be helpful to reinsure ...
Source: BestWire   Date: May 7, 2025
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Somerset Re CEO: Tariffs, Global Economic Volatility Could Present Opportunity
Somerset Reinsurance Ltd. more attractive to insurers seeking a safe haven, Chief Executive Officer Danish Iqbal said. "It's tough to gauge when it's all unfolding as we speak," ...
Source: BestWire   Date: April 15, 2025
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Somerset Re Names New CEO After Aquarian Insurance Holdings Restructuring
Somerset Reinsurance Ltd. named Danish Iqbal as chief executive officer, a move that follows a restructuring at Aquarian Insurance Holdings, Inc. Iqbal is returning to Somerset Re ...
Source: BestWire   Date: March 26, 2025
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Aquarian Holdings Creates Aquarian Insurance Holdings Unit for 'Shared Structure'
Aquarian said in a statement. Aquarian Insurance Holdings will consist of: Bermuda-domiciled life and annuity-focused Somerset Reinsurance Ltd.; U.S. life and annuity provider ...
Source: BestWire   Date: March 25, 2025
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Best's Credit Rating Notification - Somerset Reinsurance Ltd.
AM Best has made the following rating update: Company: Somerset Reinsurance Ltd. AMB #: 061751 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A- FSR Action: ...
Source: Rating Actions   Date: May 30, 2024
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Hannover Re Exec Joins Somerset Re as CUO
Somerset Reinsurance Ltd., a provider of reinsurance solutions to the U.S. life insurance and annuity market, has appointed Thomas Porter as chief underwriting officer. Porter will ...
Source: BestWire   Date: February 1, 2024
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Prudential Seeks to Limit Market Sensitivity With $12.5 Billion Life Reinsurance Deal
Prudential spokesman told BestWire. Somerset Re will reinsure $12.5 billion of reserves backing Prudential's guaranteed universal life policies issued by Pruco Life Insurance Co. ...
Source: BestWire   Date: July 25, 2023
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AM Best Assigns Credit Ratings to Somerset Reinsurance Company
Somerset Reinsurance Company (SRC) (Orlando, FL). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect SRC's balance sheet strength, which AM Best ...
Source: Press Releases   Date: May 30, 2023
AM Best Assigns Credit Ratings to Somerset Reinsurance Company
Somerset Reinsurance Company (SRC) (Orlando, FL). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect SRC's balance sheet strength, which AM Best ...
Source: BestWire   Date: May 30, 2023
Best's Credit Rating Notification - Somerset Reinsurance Ltd.
AM Best has made the following rating update: Company: Somerset Reinsurance Ltd. AMB #: 061751 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A- FSR Action: ...
Source: Rating Actions   Date: April 4, 2023
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