Stephanie Urdahl, Head of U.S. Operations for Somerset Reinsurance Company spoke recently at the Society of Actuaries Valuation Actuary Meeting in New York City. The dynamic session on Annuity Product Updates offered diverse perspectives with representation from Product (Paz Rulli), Distribution (Jill Esser), Consulting (Ricky Trachtman, Aatman Dattani) and Reinsurance (Stephanie). ———— ➡️ Hit the ‘Follow’ button on our page to stay updated: Somerset Reinsurance ➡️ Visit our website to learn more: https://www.somersetre.com #somersetre #soa #annuity
Somerset Reinsurance
Insurance
Hamilton, Bermuda 579 followers
Lead the insurance world to a future where retirement and financial security are available to everyone.
About us
Somerset Re is a premier, global reinsurer for life insurance and annuity business, helping its clients manage capital efficiency and improve their financial results. Our team of highly experienced reinsurance professionals brings deep industry knowledge and creativity, enabling Somerset to carve out a unique position in a mature market. This innovative approach, facilitated by our consultative partnership style, led Large Insurers to rank Somerset No. 1 in the Business Capability Index (BCI), as measured by NMG Consulting’s 2023 U.S. Structured Financial Solutions study in the Asset-Intensive Segment. Somerset Re solutions include programs for new business flow, management of legacy blocks of life insurance and annuities, and capital-motivated reinsurance solutions worldwide. Click the Follow button on our page to never miss an update. To learn more about Somerset Re, please visit our website below.
- Website
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https://www.somersetre.com/
External link for Somerset Reinsurance
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- Hamilton, Bermuda
- Type
- Privately Held
- Specialties
- Life Reinsurance, Annuity Reinsurance, Capital-Motivated Solutions, Flow Reinsurance, and Asset-Intensive Reinsurance
Locations
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Primary
3 Bermudiana Rd
Hamilton, Bermuda HM 08, BM
Employees at Somerset Reinsurance
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Enda Murphy
INED at Somerset Reinsurance, Chaucer Insurance Company DAC, and Director at Sabios Advisory Ireland
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Clark Jeffries
Chief Investment Officer at Somerset Re
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Christopher Smith
Head of Structured Reinsurance at Somerset Re
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Manisha Dias
Head of New Business Development @ Somerset Re
Updates
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Somerset Reinsurance reposted this
Bermuda International Long Term Insurers and Reinsurers - BILTIR is excited to partner with Morgan State University to support the participation of two #futurebusinessleaders in its 2024 Summer Academy of Actuarial Mathematical Sciences Program (SAAMS). Zai Daniels a student at The Berkeley Institute (Bermuda) and Deantae Scott a student at CedarBridge Academy were the successful candidates over applicants from both private and public schools in Bermuda. The brainchild of Dr. Candice Marshall, this program is an amazing opportunity for students with a passion for mathematics. We could not make this happen without the generous support of our member companies Athene, Chubb, Fortitude Re, Global Atlantic Financial Group, Somerset Reinsurance and Wilton Re. Special thanks to US Consul General Karen Grissette and her team for her vision. #BuildingfortheLongTerm
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*Speaker Spotlight* Join us in supporting our colleagues who will be sharing their knowledge and experiences at the Athene Life Career Expo 2024. This event is a great avenue for senior high school students, university students, and those looking for a career change to meet with experienced professionals in the Bermuda Life and Annuity (re)insurance space. Panels include: - Manisha Dias: Navigating to success in a Life career - Jennifer Strickland: Deep dive with industry specialists Past Events: - Clark Jeffries spoke at the 2024 Bermuda Insurance Investor Summit on trends in the US housing landscape ———— ➡️ Hit the ‘Follow’ button on our page to stay updated: Somerset Reinsurance ➡️ Visit our website to learn more: https://www.somersetre.com
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Women's month may be over, but our commitment to building a more inclusive world for women never stops! Let us all continue championing diversity and women’s empowerment beyond designated months. This year's theme #InspireInclusion is a call to action to challenge stereotypes, confront gendered assumptions, and foster an inclusive mindset. Together, we can inspire inclusion by actively seeking out and valuing the diverse perspectives and contributions of women in every sphere of society, ultimately working towards a more gender equal world. ———— ➡️ Hit the ‘Follow’ button on our page to stay updated: Somerset Reinsurance ➡️ Visit our website to learn more: https://www.somersetre.com
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Somerset Reinsurance is thrilled to announce the close of the previously disclosed $12.5B Guaranteed Universal Life block transaction with Prudential Financial. We want to express our gratitude to all the teams involved for their dedicated efforts and collaborative teamwork that made this achievement possible. We are excited about the transformational impact this deal brings to Somerset, Prudential, and to our long-term partnership. Read more: https://lnkd.in/eEN5Dy5e ———— ➡️ Hit the ‘Follow’ button on our page to stay updated: Somerset Reinsurance ➡️ Visit our website to learn more: https://www.somersetre.com
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Manisha Dias, Head of New Business Development for Somerset Reinsurance, spoke alongside Bill Shelow, CEO of LIBRA Insurance Partners, at the 2024 LIBRA Partners Spring Meeting in Dallas last week. They announced an upcoming, exciting collaboration between the firms, igniting considerable enthusiasm amongst the partners. Stay tuned! ———— ➡️ Hit the ‘Follow’ button on our page to stay updated: Somerset Reinsurance ➡️ Visit our website to learn more: https://www.somersetre.com #somersetre #libra #partnership
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Clark Jeffries, Chief Investment Officer of Somerset Reinsurance, spoke recently at the 2024 Bermuda Risk Summit alongside Jamie Steeves, Theresa Patricios, and Benji Meuli. The panelists unpacked the complex interplay between enduring high interest rates, their impact on asset allocation, and the evolving regulatory and geopolitical landscape affecting investment strategies. ———— ➡️ Hit the ‘Follow’ button on our page to stay updated: Somerset Reinsurance ➡️ Visit our website to learn more: https://www.somersetre.com #somersetre #CIO Bermuda Business Development Agency (BDA)
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Somerset Reinsurance reposted this
This year's #ReFocus2024 was a memorable one! Not only was it bigger than ever, but it was also my first with Somerset Reinsurance. I have been so impressed with the team and their abilities over the last few months since joining, and couldn’t have been happier with our representation at the conference. We kicked off the conference with our hosted Welcome Reception on Sunday, followed by the flurry of back-to-back-to-back meetings, meals, and lovely cocktail events. It was gratifying to engage with a multitude of clients and partners, and to forge so many new connections. We went into ReFocus with what we thought was already peak momentum for the business coming off of a strong 2023, but we’ve somehow come out of it with even more! Big shoutout to the teams from American Council of Life Insurers - ACLI, Society of Actuaries, and Encore for great support throughout the conference and pulling off yet another successful Refocus. Already looking forward to #ReFocus2025! Learn more about Somerset Re: LinkedIn: Somerset Reinsurance Website: https://lnkd.in/eJYd3SFr #SOA #ACLI #ReFocus2024 #somersetre #reinsurance
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Somerset Reinsurance is proud to be a Platinum sponsor again at this year's ReFocus2024 – one of the biggest, global conferences for life insurance and reinsurance. Meet and mingle with our senior leaders and team members at the Welcome Reception on Sunday 2/25 at 5:30pm PST, hosted by Somerset Re. Learn more about Somerset Re: www.somersetre.com #refocus2024 #soa #acli #somersetre #reinsurance Society of Actuaries American Council of Life Insurers - ACLI Jeff Burt Manisha Dias Christopher Smith Stephanie Urdahl Thomas Porter
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Ripples or waves? The convergence of managers and insurers, asset allocation trends, and regulatory shifts have been hot topics across the insurance industry. Somerset Reinsurance's very own Clark Jeffries, Chief Investment Officer, spoke on a panel diving into this alongside Jatin Salhotra, Jack Bishop, and Stephen Smith at the Neuberger Berman 2024 Insurance Investment Leaders' Roundtable in NYC last week. Learn more about Somerset Re: https://lnkd.in/eVPa55f9 #somersetre #CIO