Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund in the face of intense competition, people familiar with the matter said on Wednesday. …
Chicago-based insurer CNA Financial Corp. plans to sell a wholly owned life insurance subsidiary to Wilton Re Holdings Ltd. for about $615 million as it continues to focus more on its property/casualty business. CNA said that the subsidiary it plans …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A- ‘(Excellent) and issuer credit ratings (ICR) to “a” from “a-” for Wilton Reinsurance Bermuda Ltd., Wilton Reassurance Company (Plymouth, MN), Texas Life Insurance Company (Waco, …
