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Aquarian Closes Acquisition Of Somerset Reinsurance

PRIVATEJan 10, 2023

Acquiring Company

Aquarian

Acquired Company

Somerset Re

New YorkPembrokeFinancial ServicesReal EstateFinancial ServicesInsurance

Description

Aquarian Holdings (“Aquarian”) today announced the closing of its acquisition of Somerset Reinsurance Limited (“Somerset Re”), a leading provider of reinsurance solutions to the U.S. life insurance and annuity market.

Quick answer

Aquarian is acquiring Somerset Re, announced January 10, 2023. Aquarian is based in New York, New York, United States.

How much did Aquarian pay for Somerset Re?
The deal value was not disclosed.
What does Aquarian do?
Aquarian is focused on providing innovative solutions in the financial services industry.
Where are Aquarian and Somerset Re based?
Aquarian is based in New York, New York, United States. Somerset Re is based in Pembroke, Hamilton, Bermuda.
Who are the decision-makers at Aquarian?
Fundz holds 1 contact at Aquarian. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Aquarian

Location

New York, New York, United States

About

Aquarian is focused on providing innovative solutions in the financial services industry. The company collaborates on various projects to enhance efficiency and user experience. Details about its specific operations are limited.

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Frequently asked

Who acquired Somerset Re?

Somerset Re was acquired by Aquarian, based in New York. The deal was reported on January 10, 2023. Aquarian is focused on providing innovative solutions in the financial services industry. The company collaborates on various projects to enhance efficiency and user experience. Aquarian is privately held and operates in Financial Services.

When did Aquarian acquire Somerset Re?

Aquarian's acquisition of Somerset Re was reported on January 10, 2023. Aquarian Holdings (“Aquarian”) today announced the closing of its acquisition of Somerset Reinsurance Limited (“Somerset Re”), a leading provider of reinsurance solutions to the U.S. life insurance and annuity market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Somerset Re do?

Somerset Reinsurance Ltd. is a leading provider of reinsurance solutions for asset-intensive life insurance and annuity business, helping its clients manage capital efficiency and improve their financial results. It is privately held, operating in Financial Services, and is based in Pembroke.

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