Quarter "rather benign" with regards to large losses, CEO explains
Kenneth Araullo May 15, 2024Plan includes several layers for losses across different segments
Initial investments include a commitment of $15 million
Venture will focus on single-premium deferred annuities
New facility complements another initiative earlier this year
Operational revamps pave the way
He will play a key role across three underwriting platforms
Report highlights current trends in the sector
Rating reflects solid balance sheet and operational performance
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