Friday, January 02, 2009
Phoenix Cos., Swiss Re unit in reinsurance deal
Insurance and investment provider Phoenix Companies Inc. said Wednesday it struck a reinsurance deal as part of an effort to improve its capital position.
Details of the deal with Reassure America Life Insurance Co., a unit of Swiss Re, were not disclosed. The deal was for a group of life insurance policies, Phoenix said in a release.
Forbes: Phoenix Cos., Swiss Re unit in reinsurance deal
Details of the deal with Reassure America Life Insurance Co., a unit of Swiss Re, were not disclosed. The deal was for a group of life insurance policies, Phoenix said in a release.
Forbes: Phoenix Cos., Swiss Re unit in reinsurance deal