Wilton Re Completes the Reinsurance of Legacy Long-Term Care Insurance Policies from CNO Financial Group’s Bankers Life Subsidiary

September 27, 2018 (Norwalk, CT) Today, Mike Fleitz, Chief Executive Officer of Wilton Reassurance Company, confirmed the successful completion of a transaction to reinsure legacy comprehensive and nursing home long-term care insurance policies (“LTC”) from Bankers Life and Casualty Company (“Bankers Life”), a subsidiary of CNO Financial Group, Inc. (“CNO”).  In total, Wilton Re has […]

A.M. Best Affirms Credit Ratings of Wilton Re Ltd and Its Subsidiaries

A.M. Best Affirms Credit Ratings of Wilton Re Ltd and Its Subsidiaries August 8th, 2018 (Norwalk, CT)  A.M. Best has commented that the Credit Ratings of Wilton Reassurance Company (Wilton Re) (Minneapolis, MN) and its insurance subsidiaries remain unchanged following the August 1, 2018, announcement that Wilton Re has reached a definitive agreement to reinsure […]

Fitch Affirms Wilton Re Ratings

Fitch Affirms Wilton Re’s Ratings August 8th, 2018 (Norwalk, CT) Fitch Ratings has re-affirmed on August 1, 2018 the ‘A+’ Insurer Financial Strength (IFS) ratings of Wilton Reassurance Company (WRAC), Wilton Reinsurance Bermuda Limited, Wilton Reassurance Life Company of New York, Texas Life Insurance Company and Wilco Life Insurance Company (collectively referred to as Wilton […]

Wilton Re Executes Agreements to Reinsure Legacy Long-Term Care Insurance Policies from CNO Financial’s Bankers Life Subsidiary

Wilton Re Executes Agreements to Reinsure Legacy Long-Term Care Insurance Policies from CNO Financial’s Bankers Life Subsidiary August 01, 2018 (Norwalk, CT) Today, Wilton Re executed definitive agreements to reinsure legacy comprehensive and nursing home long-term care insurance policies (“LTC”) from Bankers Life and Casualty Company (“Bankers Life”), a subsidiary of CNO Financial Group, Inc. […]

Wilton Re Completes the Acquisition of Payout Annuity and BOLI/COLI businesses from Aegon’s Transamerica Unit

Wilton Re Completes the Acquisition of Payout Annuity and BOLI/COLI businesses from Aegon’s Transamerica Unit June 29, 2017 (Norwalk, CT) Today, Chris Stroup, Chairman and CEO of Wilton Re, confirmed the successful completion of a transaction to acquire Transamerica’s two largest US run-off businesses: the payout annuity business and the bank owned / corporate owned […]

A.M. Best Upgrades Credit Ratings of Wilton Re Ltd and Its Subsidiaries

A.M. Best Upgrades Credit Ratings of Wilton Re Ltd and Its Subsidiaries June 02, 2017 (Norwalk, CT) A.M. Best has upgraded the Financial Strength Ratings (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-“ from “a+” of Wilton Reinsurance Bermuda Limited (Bermuda), Wilton Reassurance Company (Minneapolis, MN), […]

Wilton Re Announces the Agreement to Acquire Payout Annuity and BOLI/COLI businesses from Aegon’s Transamerica Unit

Wilton Re Announces the Agreement to Acquire Payout Annuity and BOLI/COLI businesses from Aegon’s Transamerica Unit May 22nd, 2017 Today, the board of directors of Wilton Re Ltd (“Wilton Re”) announced the execution of a definitive agreement to acquire Transamerica’s two largest U.S. run-off businesses: the payout annuity business and the bank owned / corporate […]

Fitch Affirms Wilton Re’s Ratings; Outlook Stable

Fitch Affirms Wilton Re’s Ratings May 01, 2017 Fitch Ratings has affirmed the ‘A+’ Insurer Financial Strength (IFS) ratings of Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, Wilton Reassurance Life Company of New York, Texas Life Insurance Company, and Wilco Life Insurance Company (collectively referred to as Wilton Re), as well as ivari. Fitch has […]

A.M. Best Revises Outlook to Positive for Wilton Re Ltd and Its Subsidiaries

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries April 29, 2016 (Norwalk, CT)  A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a+” for Wilton Reinsurance Bermuda Limited (Bermuda), Wilton Reassurance Company (Minneapolis, MN), Texas […]

Wilton Re Announces Organizational Changes

Wilton Re Announces Organizational Changes April 28th, 2016 (Norwalk, Connecticut) Wilton Re announced the appointment of Mike Fleitz as Chief Executive Officer of Wilton Re U.S. and Steve Lash as SVP & Chief Financial Officer of Wilton Re U.S.  Chris Stroup will remain active as Chairman & Chief Executive Officer of Wilton Re Ltd. Mike Fleitz had […]