Assured Guaranty has entered the annuity reinsurance market with the acquisition of Warwick Re Limited, a Bermuda-based life and annuity reinsurer. The acquired entity has been renamed Assured Life Reinsurance Ltd. and will focus on reinsuring fixed-term annuities and pension risk transfer annuities. The transaction, which closed on January 21, 2026, included Warwick Re’s balance sheet, infrastructure, staff, and its ultimate parent, Warwick Company $(UK)$ Limited, along with its subsidiaries. The purchase price was approximately $158 million, subject to post-closing adjustments. Dan Bevill has been appointed President of Assured Life Re.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assured Guaranty Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260121120344) on January 21, 2026, and is solely responsible for the information contained therein.