Oceanview Assumes $1B Fixed Annuity Reserves

Oceanview Reinsurance has entered into a transaction to assume approximately $1 billion of fixed annuity reserves. A spokesperson said, “Oceanview Reinsurance Ltd. [Oceanview Re], a Bermuda Class E insurance company, announced that it has entered into a transaction to assume approximately $1 billion of fixed annuity reserves from an A++ rated U.S. life insurance company […]

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