Reserves ceded to life & annuity sidecars neared $55bn in 2023: AM Best – Go Health Pro
According to ratings agency AM Best, reinsurance leverage and surplus relief has risen significantly in recent years, driven by strong annuity premium growth, which has driven additional capital to the market, while a number of life and annuity (L/A) insurers have established sidecars to manage expansion and risk-based capitalisation.In fact, the agency states that total … Read more
