AQUARIAN TO ACQUIRE CONTROLLING INTEREST IN SOMERSET RE AND CONTRIBUTE ADDITIONAL EQUITY CAPITAL TO SUPPORT FURTHER GROWTH

Jun 6, 2022 //
Press Release //

Aquarian Holdings (“Aquarian”) and Somerset Reinsurance Ltd (“Somerset Re”) announced today the signing of a definitive agreement for Aquarian to acquire a controlling interest in Somerset Re, a leading provider of reinsurance solutions to the U.S. life insurance and annuity market. In addition, the transaction will provide Somerset Re with a substantial amount of immediate and committed new capital to further drive growth, fortify Somerset Re’s strong market position, and provide additional resources to support its robust pipeline of opportunities.

Blue Vector Image of A Megaphone to Bring Attention to the News Call to Action