Critical Illness Insurance Living Benefits Center

 

Financials and Reinsurance

Briarwood's Strategic Alliance in Reinsurance Strength Behind Critical Illness Insurance

NRG Victory Reinsurance Company LTD [London]
Renamed: Employers Reassurance International LTD. [London]

Began the reinsurance and pioneered the first coverage in South Africa. 1981
The largest reinsurer of critical illness insurance in the world

Assets = Approximately $2 billion*

Net Worth = Approximately $250 million*

Owned by Employers Reassurance Corporation

*British pounds converted at 1.66 per U.S. dollar

Employers Reassurance

A.M. best rating = A+
Standard and Poors rating = AAA

Moody's rating = Aaa

Assets = Approximately $6 billion*

Net Worth = Approxmately $2 billion*

Owned by General Electric Family of Corporations

*British pounds converted at 1.66 per U.S.dollar

General Electric Capital Corporation

Moody's rating = Aaa

Assets = $92.6 billion

Net Worth = $8.89 billion

Other Reinsurance

Briarwood maintains other reinsurance relationships as a "reinsurance intermediary" to assist carriers in the development of their proposed critical illness project.

Briarwood/Tillinghast-Towers Perrin, Reinsurance Intermediaries

Briarwood's unique partner-relationship with the Tillinghast-Towers Perrin family of consulting companies (Towers Perrin) has an added dimension of service, support, and creditability brought to the corporate table to build this product from all aspect levels.


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