Wilton Re Announces the Agreement to Acquire Transamerica Businesses in Canada from Aegon N.V.

Wilton Re Announces the Agreement to Acquire Transamerica Businesses in Canada from Aegon N.V. October 16, 2014 (Wilton, Connecticut) Today, the board of directors of Wilton Re Ltd (“Wilton Re”) announced the execution of definitive agreements to acquire the majority of the Aegon N.V. operations in Canada for C$600 million, consisting of Transamerica Life Canada, […]

Wilton Re Completes Acquisition of Continental Assurance Company from CNA Financial Corporation

Wilton Re Completes Acquisition of Continental Assurance Company from CNA Financial Corporation August 1, 2014 (Wilton, Connecticut) – Today, Wilton Re completed the previously announced acquisition of Continental Assurance Company (“CAC”) from CNA Financial Corporation (“CNA”).  Wilton Re will transfer a majority of the operations for the business to its administrative services platform after a […]

Wilton Re Completes Acquisition of Conseco Life Insurance Company from CNO Financial

Wilton Re Completes Acquisition of Conseco Life Insurance Company from CNO Financial July 1, 2014 (Wilton, Connecticut) – Today, Wilton Re completed the acquisition of Conseco Life Insurance Company (“CLIC”) from CNO Financial Group (“CNO”). Wilton Re’s U.S. operating company, Wilton Reassurance Company, has acquired 100% of the common stock of CLIC, a wholly owned […]

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 […]