Full implications of SRLC for the current marine transportation process are far from clear, but a few points warrant further research.
Exactly how is far from clear, but Sea Basing and SRLC are two examples of what that change may look like.
On September 4, 2012, Jackson completed the acquisition of SRLC from Swiss Re for an initial consideration of $663.
Following the SRLC acquisition announcement, all four primary rating agencies--A.
In the initial announcement of this transaction on May 31, 2012, the consideration of $621 million was based on an estimated balance sheet for SRLC.
SRLC was dormant until the reorganization of the U.
The primary operating subsidiary of SRLC is Reassure America Life Insurance Company (REALIC), which, since 1995, has completed a significant number of stock acquisitions and reinsurance arrangements through which it has acquired a diverse portfolio of traditional US life insurance business.
Forward-looking statements contained in this press release include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts, and include those relating to the anticipated future performance of REALIC, anticipated integration benefits arising from the acquisition of SRLC and the satisfaction and timing of closing conditions relating to the transaction.