Chariot Re will reinsure approximately $10bn of liabilities, including structured settlement annuity contracts and group annuity contracts associated with pension risk transfers originated by MetLife.
The transaction, which was completed in June 2025, secures the benefits of over 3,500 members of the scheme
New report says that Bermuda accounted for over 60% of reserves ceded for L/A transactions effective in 2023 and 2024.
CMI_2024 produces cohort life expectancies at age 65 that are about three months higher for males and about two weeks higher for females than in the previous version of the CMI model.
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