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The Transamerica Reinsurance Division (TARe) is a marketing unit of Transamerica Life Insurance Company (TLIC), and one of the largest life reinsurers in the world, based on in force volume and assumed new business.(1) TARe offers broad capabilities in risk, capital and expense management to help companies make their products and businesses more competitive and profitable.

TARe writes business through Iowa-based TLIC and New York-based Transamerica Financial Life Insurance Company, as well as Transamerica International Re (Bermuda) Ltd., Transamerica International Reinsurance Ireland Limited, and Netherlands-based AEGON Levensverzekering N.V.

In the U.S., the customer focus is on large, primary insurance carriers and other significant businesses in the financial services arena. Internationally, the emphasis is on local insurance companies and internationally-based subsidiaries of U.S. insurance companies.

TARe provides reinsurance products and services directly to ceding company clients, rather than through brokers. This direct relationship produces an expense advantage and a more complete understanding of risks, while contributing to more favorable underwriting results and deeper, longer-lasting customer relationships

TARe supplies reinsurance, retail product development and underwriting solutions to leading life insurance companies in North America, Asia-Pacific, Latin America and Europe. The Asia-Pacific Regional Office in Hong Kong supports country offices in Taiwan, Korea and Japan. The Latin America Regional Office near Miami supports country offices in Chile, Brazil and Mexico. In 2006, TARe entered the European life reinsurance market, where it conducts business from offices in France and Spain.

TARe is distinguished by its knowledge and experience in assessing and pricing mortality risk, underwriting automatic and facultative life business, and developing customized solutions for the primary market that facilitate growth and risk and capital management in a demanding environment. TARe differentiates itself by combining life reinsurance with high-value services, such as structured financing, retail product development and underwriting solutions for both fully underwritten and rapid issue term life programs.

Additional information can be found at: www.transamericareinsurance.com

 


(1) The 2006 Munich Life Reinsurance Survey, published on April 10, 2007, by Munich American Reassurance Company.

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