November 21, 2022
Hildene is pleased to announce the launch of Hildene Re*, a Class B(iii) insurance company that will offer reinsurance to the global insurance market. As part of its inaugural transaction, Ludlow Re will reinsure approximately $1 billion of fixed index annuity reserves through a quota share agreement entered into with a U.S.-based life insurance carrier.
*Prior to December 2023, Ludlow Re SPC, Ltd. was previously known as Hildene Re SPC, Ltd.
To learn more, read the full press release here.
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