We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Blog + Articles

Categories

  • Industry Articles (11,798)
  • Industry Conferences (2)
  • Industry Job Openings (15)
  • Negative Media (123)
  • Positive Media (73)
  • Sheryl's Articles (459)
  • Sheryl's Blogs (144)
  • Wink's Articles (180)
  • Wink's Blogs (139)
  • Wink's Press Releases (71)
  • Blog Archives

  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • Hartford’s Nassau Re raises $200M for future growth

    November 29, 2018 by Joe Cooper

    Hartford insurer Nassau Re says it has raised $200 million in new capital to expand its fixed annuity and life insurance businesses. It will also initiate a rebranding that will eliminate the Phoenix Cos. name.

    Nassau Re, headquartered at 1 American Row, said the funding is being provided by private equity firm Golden Gate Capital, its existing sponsor based in San Francisco.

    Meantime, the insurer, parent of Hartford’s The Phoenix Cos. Inc., which it acquired in 2016,recently launched a rebranding of its core insurance subsidiaries under a single Nassau Brand.

    A unified brand, the company says, better positions Nassau to expand its products and boost sales with independent marketing organizations and others.

    “Over this past year, we have successfully completed the transformation and integration of our insurance companies while laying the foundation for stable, long-term growth,” Nassau Re CEO Phillip J. Gass said.

    The rebrand is Nassau Re’s final integration step, officials said.

    Nassau Re’s rebranded companies are as follows:

    • Phoenix Life and Annuity Co. is now Nassau Life and Annuity Co.
    • Phoenix Life Insurance Co. is now Nassau Life Insurance Co.
    • The Phoenix Cos. Inc. is now The Nassau Cos. of New York.
    • Constitution Life Insurance Co. will be Nassau Life Insurance Co. of Texas.
    • Pyramid Life Insurance Co. will be Nassau Life Insurance Co. of Kansas.

    Nassau Life and Annuity Co. is the new flagship company for its growth nationwide. Their products are offered through The Nassau Cos. of New York

    Next year, Nassau Re will offer fixed indexed annuities and life insurance products through Nassau Life and Annuity Co.

    Nassau Re says it has combined assets of approximately $20 billion and capital of approximately $1.3 billion. Its business segments cover insurance, reinsurance, distribution and asset management through various affiliates.

    Originally Posted at Hartford Business on November 28, 2018 by Joe Cooper.

    Categories: Industry Articles
    currency