Why Base a Life and Annuity Reinsurer in Bermuda?
July 29, 2020 by Allison Bell
Athene Holding Ltd. recently completed making a $500 million equity investment in Jackson National Life Insurance Company.
In an effort to explain the deal to investors, Athene also posted a discussion of its corporate structure.
For people with a deep interest in insurer capitalization and reinsurance arrangements, Athene provided a look at its capitalization and reinsurance arrangements.
The Pembroke, Bermuda-based reinsurer also addressed a simpler question, that may have occurred to many ordinary life and annuity agents: Why are so many insurers putting their head official headquarters in the Caribbean, rather than traditional U.S. insurance industry centers, such as New York City and Hartford, Connecticut?