Fitch Upgrades Wilton Re On CPPIB Acquisition

Fitch Upgrades Wilton Re On CPPIB Acquisition June 30, 2014 (Wilton, Connecticut) – Today, Fitch Ratings upgraded the Insurer Financial Strength (IFS) ratings of Wilton Re following the closing of the acquisition of the company by Canada Pension Plan Investment Board (“CPPIB”). The ratings apply to Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, Wilton Reassurance […]

Canada Pension Plan Investment Board Completes Acquisition of Wilton Re

Canada Pension Plan Investment Board Completes acquisition of Wilton Re June 30, 2014 (Wilton, Connecticut)  Today, Canada Pension Plan Investment Board (“CPPIB”) completed the acquisition of Wilton Re Limited Holdings (“Wilton Re”) and its subsidiaries for total cash and consideration of US$1.8 billion.  The transaction involves the 100% stock acquisition of Wilton Re Holding Limited, […]

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries  April 25, 2014 (Wilton, CT)    A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Wilton Reinsurance Bermuda Ltd., Wilton Reassurance Company (Minneapolis, MN), Texas Life Insurance Company (Waco, TX), Heritage Union Life Insurance […]

Fitch and A.M. Best Comment On CPPIB Acquisition Announcement

Fitch and A.M. Best Comment on CPPIB Acquisition Announcement March 26, 2014 (Wilton, CT) Fitch Ratings has placed the ratings of Wilton Re on Rating Watch Positive following the announcement on March 21 that Canada Pension Plan Investment Board (“CPPIB”) will be acquiring the stock of Wilton Re Holdings Limited.  The ratings announcement relates to […]

Wilton Re Announces Acquisition by Canada Pension Plan Investment Board

Wilton Re Announces Acquisition by Canada Pension Plan Investment Board March 21, 2014 (Wilton, Connecticut)  Today, the Wilton Re Holding Limited (“Wilton Re”) board of directors announced it has entered into a definitive agreement for the sale of 100% of Wilton Re’s outstanding stock to Canada Pension Plan Investment Board (“CPPIB”), one of the fastest […]

Wilton Re Announces Acquisition of CNO’s Closed Block Life Insurance Subsidiary

Wilton Re Announces Acquisition of CNO’s Closed Block Life Insurance Subsidiary March 3, 2014 (Wilton, CT) Today Wilton Re Holdings Limited (“Wilton Re”) announced definitive agreements to acquire Conseco Life Insurance Company (“CLIC”) from CNO Financial Group (“CNO”) for approximately $237 million in cash, subject to the actual level of statutory capital and surplus at […]

Wilton Re Announces Acquisition of CNA’s Life & Group Subsidiary

Wilton Re Announces Acquisition of CNA’s Life & Group Subsidiary February 10, 2014 (Wilton, CT) Today Wilton Re Holdings Limited (“Wilton Re”) announced definitive agreements to acquire the majority of CNA Financial Corporation’s (“CNA”) payout annuity business, primarily consisting of in-force structured settlements and group annuities. As part of the transaction, Wilton Re’s U.S. operating […]

Fitch affirms ‘A’ IFS Rating for Wilton Re; Outlook Stable

Fitch affirms ‘A’ IFS Rating for Wilton Re; Outlook Stable January 6, 2014 On January 6, 2014, Fitch Ratings affirmed an ‘A’ Insurer Financial Strength (IFS) ratings to Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, Wilton Reassurance Life Company of New York and Texas Life Insurance Company (collectively referred to as Wilton Re). At the […]

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries

A.M. Best Affirms Ratings of Wilton Re Holdings Limited and Its Subsidiaries May 31, 2013 On May 31, 2013, A.M. Best Co. affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Wilton Reinsurance Bermuda Ltd. (Hamilton, Bermuda), Wilton Reassurance Company (Minneapolis, MN), Texas Life Insurance Company (Waco, TX), […]

Fitch assigns initial ‘A’ IFS Rating to Wilton Re; Outlook Stable

Fitch assigns initial ‘A’ IFS Rating to Wilton Re; Outlook Stable February 20, 2013 On February 20 , 2013, Fitch Ratings assigned an initial ‘A’ Insurer Financial Strength (IFS) ratings to Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, Wilton Reassurance Life Company of New York and Texas Life Insurance Company (collectively referred to as Wilton […]