Resolution Life, a leading life insurance and reinsurance company, has recently entered into a reinsurance agreement with Lincoln Financial Group. This agreement will enable Resolution Life to effectively manage the risks associated with its life insurance policies.
Under the agreement, Lincoln Financial Group will assume the risks and obligations of a portion of Resolution Life`s in-force individual life insurance policies. This will provide Resolution Life with the financial flexibility to manage its capital and assets more effectively, while also reducing its exposure to risk.
Resolution Life was established in 2018 as an acquisition platform for in-force life insurance policies. The company`s primary focus is to acquire life insurance portfolios that are no longer core to their original owners and manage them efficiently. This allows the original owners to free up capital and focus on their core businesses, while Resolution Life acquires a portfolio of high-quality in-force policies.
Lincoln Financial Group, on the other hand, is a Fortune 500 company that offers a range of financial services including life insurance, retirement planning, and investment management. With a history dating back to 1905, the company has built a reputation for its financial strength and stability.
The reinsurance agreement between Resolution Life and Lincoln Financial Group is a win-win for both companies. For Resolution Life, it provides the company with the necessary financial flexibility to pursue its growth strategy while ensuring that its customers remain protected. For Lincoln Financial Group, it represents an opportunity to leverage its expertise in risk management and gain exposure to a portfolio of high-quality in-force life insurance policies.
With this agreement, Resolution Life has once again demonstrated its commitment to delivering value to its customers and partners. The company`s focus on acquiring and managing life insurance portfolios has allowed it to become a leading provider of reinsurance solutions. As an experienced copy editor in SEO, I can confirm that this news will be of great interest to the financial services industry, investors, and customers alike.
