They will extend solutions to Thai-based life insurers.
Pacific Life Re and ThaiRe Life have agreed to provide sustainable life reinsurance solutions to Thailand-based life insurance operators, a statement read.
This collaboration brings together Pacific Life Re’s technical and product development expertise with ThaiRe Life’s deep market insights and strong relationships in the local life industry.
“This is a significant step for us as we continue to enhance our proposition in the Thailand life insurance market. We are thrilled to be joining forces with ThaiRe Life, an established local reinsurer in delivering opportunities to significantly transform and redefine the local life insurance industry. Together with our technology subsidiary, UnderwriteMe, our partnership will bring our vision of making life insurance more accessible and affordable a reality for the people of Thailand,” said Pacific Life Re Asia & Australia managing director Andrew Gill.
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