Sidecar use surges among life and annuity insurers – AM Best
March 25, 2025 by Kenneth Corbin
A growing number of US life and annuity insurers are ceding business to sidecars. The use of these structures has tripled since 2021, with about a dozen companies utilizing them by the end of 2023.
Sidecars – traditionally associated with property and casualty insurers – are being adopted in the life and annuity segment as companies seek alternative ways to manage capital amid rising premium volumes.
Originally Posted at Insurance Business on March 24, 2025 by Kenneth Corbin.
Categories: Industry Articles