ABOUT US
Somerset goes boldly where no other reinsurer goes, first by taking on asset intensive risks not supported by traditional reinsurers, and second by investing the time to understand and address each client individually.
Our team of highly experienced professionals have injected innovation and creativity into Somerset’s approach, carving out a unique position in a mature market. Our reinsurance solutions are carefully curated, taking into account each of our clients' unique needs. This tailored approach has enabled us to double our growth each of the past 2 years, facilitated by our consultative partnership style and deep industry knowledge.
As we look forward, we will be continuing to provide clients with innovative solutions which help them grow and better equip them to more efficiently manage their capital and risk.
Our team of highly experienced professionals have injected innovation and creativity into Somerset’s approach, carving out a unique position in a mature market. Our reinsurance solutions are carefully curated, taking into account each of our clients' unique needs. This tailored approach has enabled us to double our growth each of the past 2 years, facilitated by our consultative partnership style and deep industry knowledge.
As we look forward, we will be continuing to provide clients with innovative solutions which help them grow and better equip them to more efficiently manage their capital and risk.
WHAT WE OFFER
Customized reinsurance solutions to solve complex challenges
The value of customized solutions
Our solutions are tailor-made, taking into consideration your unique situation. Some of the benefits our customers gain from a bespoke approach include:
- Improved competitiveness and performance for life insurance and annuity products
- Release embedded value on in-force, non-core lines of business
- Improved long-term return on equity
- Improved regulatory and rating capital ratios and
- Access to fresh, high quality reinsurance capacity
Through a mix of flow reinsurance, block reinsurance and structured solutions, we are positioned to support:
- Interest Sensitive Life Insurance
- Indexed Life Insurance and Annuity Products
- Fixed Deferred, Immediate and Multi-Year Guarantee Annuities
- Pension Risk Transfer
Our approach
Our senior team, with deep global reinsurance expertise is dedicated to understanding your business and working closely with you.
We push the boundaries and leverage our strengths, which includes asset management, product risk and liability management, as well as reinsurance market innovation and transaction design.
We push the boundaries and leverage our strengths, which includes asset management, product risk and liability management, as well as reinsurance market innovation and transaction design.
- Clark Jeffries,
Chief Investment Officer
The current environment is challenging the very existence of our clients’ role in society - the ability to provide long term financial guarantees. Supporting our clients and society at times like these is what defines our business.
– Jeff Burt, Somerset Re Chairman and CEO
