Resolution Life Adds $1.6 Billion in Capital
May 24, 2021 by Allison Bell
A company that hauls away life insurers’ unwanted blocks of life insurance and annuity business now has more cash it can use to do that.
Resolution Life Group Holdings LP says it has raised $1.6 billion in new capital for making life insurance portfolio deals. The Hamilton, Bermuda-based company has raised a total of $5 billion in capital since it came to life in 2018.