New Bermuda reinsurer 777 Re sets up on island; discloses first $307m annuity deal

05-08-2019

New Bermuda reinsurer 777 Re sets up on island; discloses first $307m annuity deal

iStock/ Louisdibacco

777 Re, a newly formed Bermuda-based reinsurance company, has completed a $307 million annuity block reinsurance transaction with an undisclosed US-based insurance company.


777 Re, Merger & Acquisition, Annuity, Reinsurance, Insurance, Jorge Beruff, Bermuda

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