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Wilton Re Snapshot
You get insurance to minimize your risk and insurers use reinsurers to minimize theirs by spreading risk around. Enter Wilton Re, a reinsurance firm offering life reinsurance and other products to insurance companies. Its Traditional division provides yearly renewable term, coinsurance, and modified coinsurance for term, universal, and whole life products, as well as fixed, deferred, and equity-indexed annuities. The Run Off division buys life insurance and other companies or divisions from insurance firms looking to free up some capital or shift focus. Wilton Re can manage those purchase assets in cases where the business can't be just shut down. The company was formed in 2004 by members of management.
