CNO Financial launches Bermuda-based captive reinsurer

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Reinsurance News - Nov 14, 2023

CNO Financial has announced the establishment of CNO Bermuda Re, a Bermuda-based captive reinsurer, and is now working to complete an initial transaction that will cede $6.2 billion in fixed indexed annuities to it. “We have received all necessary approvals and are in the process of implementing the...

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