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Assured Guaranty enters annuity reinsurance market

Assured Guaranty (AGO) “announced its entry into the annuity reinsurance market through the acquisition of Warwick Re Limited (Warwick Re), a Bermuda-based life and annuity reinsurer. Assured Guaranty has renamed the acquired entity Assured Life Reinsurance Ltd. (Assured Life Re). Assured Life Re will focus on reinsuring fixed-term annuities and pension risk transfer annuities, leveraging Assured Guaranty’s established expertise in life reinsurance and its asset management capabilities.”

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