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Bermuda: sun, sand, and reinsurance. In 1998 struggling Annuity and Life Re (Holdings) was the first life reinsurer to hang its shingle in the tax-sheltered haven of Bermuda. However, it has ceased writing new coverage and in 2008 dissolved Annuity and Life Re America, which was once the company's flagship subsidiary. Previously it covered term, whole, and universal life insurance policies. The company sold off its Annuity and Life Reassurance America subsidiary in 2007. Now, with only interest income, Annuity and Life Re (Holdings) has terminated all of its reinsurance treaties and is only paying out a few remaining claims against earlier policies.
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Address: |
26 Bermudiana Rd., Ste. 304 Hamilton HM 11, Bermuda
| | Phone: | 441-296-7667 | | Fax: | 441-296-7665 |
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| Financial
Highlights | | Fiscal Year End: | December |
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Key People
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Chairman:
Martin A. Berkowitz
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President, CEO and Chief Actuary:
William H. Mawdsley III
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SVP, CFO and Secretary:
John W. Lockwood
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