Global atlantic closes $19 billion reinsurance agreement with metlife

New york--(business wire)--global atlantic financial group (“global atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced it has closed a previously announced reinsurance agreement with metlife, inc. (nyse: met). the transaction, signed between subsidiaries of the two companies in may, reinsures a seasoned and diversified block of metlife's u.s. retail annuity and life insurance business. general account assets u.
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