Talcott Financial Group, a life insurance provider specialising in risk solutions, has entered into a block reinsurance transaction of approximately $10 billion through its subsidiary, Talcott Resolution Life Insurance Company (Talcott Resolution), with Metropolitan Life Insurance Company (MetLife).<\/p>\n
![\"talcott-logo\"](\"http:\/\/www.vsdia.com\/wp-content\/uploads\/2025\/05\/talcott-logo.png\"){kind=logo}
The transaction is structured on both a modified coinsurance and funds-withheld basis, as Talcott Resolution will reinsure approximately $10 billion in variable annuity and rider reserves, while MetLife will continue to administer and service the policies.<\/p>\n
Additionally, MetLife Investment Management will manage approximately $6 billion of assets under investment management agreements with Talcott.<\/p>\n
The transaction is subject to regulatory approvals and customary closing conditions, and expected to close in the second half of 2025.<\/p>\n
This transaction follows the previously announced block reinsurance transaction with Japan Post Insurance,<\/a> bringing the total reinsured reserves in 2025 to $14 billion.<\/p>\n Wells Fargo acted as the exclusive financial advisor to Talcott.<\/p>\n Imran Siddiqui, Chief Executive Officer of Talcott, commented, “Today\u2019s announcement marks another significant milestone in our growth journey and reinforces Talcott\u2019s position in the insurance industry as a reinsurer of choice. We appreciate the hard work and collaboration from teams across both institutions that have led to this partnership.”<\/p>\n The post Talcott enters into $10bn reinsurance agreement with MetLife<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Talcott Financial Group, a life insurance provider specialising in risk solutions, has entered into a block reinsurance transaction of approximately $10 billion through its subsidiary, Talcott Resolution Life Insurance Company (Talcott Resolution), with Metropolitan Life Insurance Company (MetLife). The transaction is structured on both a modified coinsurance and funds-withheld basis, as Talcott Resolution will reinsure…<\/p>\n","protected":false},"author":1,"featured_media":486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"_links":{"self":[{"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/posts\/484"}],"collection":[{"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/comments?post=484"}],"version-history":[{"count":3,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/posts\/484\/revisions"}],"predecessor-version":[{"id":488,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/posts\/484\/revisions\/488"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/media\/486"}],"wp:attachment":[{"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/media?parent=484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/categories?post=484"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.vsdia.com\/index.php\/wp-json\/wp\/v2\/tags?post=484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n\n![\"Download](\"http:\/\/www.vsdia.com\/wp-content\/uploads\/2025\/04\/catastrophe-bond-ils-market-report-q1-2025-728x90-2.png\")
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