Somerset Re is licensed in Bermuda, a Global
Reinsurance Center which hosts 15 of the world’s
largest reinsurance groups

About Us

Somerset Re provides customized risk management solutions to the life insurance and annuity sectors.

 

We specialize in reinsurance solutions that help our clients efficiently deploy capital, improve long-term performance and fund new business growth. Our team of highly experienced reinsurance professionals customizes each reinsurance program to optimize the benefits for our clients.

Solutions

Somerset Re provides risk management solutions for interest
sensitive and capital intensive lines of business.

 

 

Our Core Strengths include:

  • Asset management
  • Product risk and liability management
  • Reinsurance market innovation and transaction design
  • Senior team with deep global reinsurance experience

Our customized transactions allow our clients to:

  • Improve competitiveness and performance for new business interest sensitive life insurance and annuity products
  • Release embedded value on in-force, non-core lines of business
  • Improve long term return on equity
  • Improve regulatory and rating agency capital ratios
  • Access fresh, high quality reinsurance capacity

Our solutions are ideally suited for:

  • Interest Sensitive Life Insurance
  • COLI / BOLI Products
  • Indexed Life Insurance and Annuity Products
  • Fixed Deferred, Immediate and Multi-Year Guarantee Annuities
  • Structured Settlements

 

Somerset Re Ltd.

 

3 Bermudiana Road,

Pembroke HM 08 Bermuda

 

Patrick Kelleher, Chief Executive Officer

pkelleher@somersetre.com

Brian Holland, Chief Marketing Officer

bholland@somersetre.com

Josh Braverman, Chief Investment Officer

jbraverman@somersetre.com

Steeve Jean, Chief Actuary and Chief Risk Officer

sjean@somersetre.com

 

 

Steve Robb, Chief Financial Officer

srobb@somersetre.com

Scott Selkirk, Chief Underwriting Officer

sselkirk@somersetre.com

Mike LeBoeuf , Managing Director, Business Development

mleboeuf@somersetre.com

Disclosure

Somerset Re is incorporated in Bermuda and is licensed and regulated by the Bermuda Monetary Authority. The Company’s governance activities, including the meetings of its Board of Directors and major strategic decisions are conducted and taken in Ireland.

Bermuda Office
Office Address:
3 Bermudiana Road,
Pembroke HM 08 Bermuda
Telephone Numbers
Bermuda Telephone:
441-278-0770
Bermuda Fax:
441-278-0771
Email
info@somersetre.com