Talcott enters into $10bn reinsurance agreement with MetLife

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…

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