Aquarian Holdings forms insurance division to enhance growth and synergies [Yahoo! Finance]
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Source: Yahoo! Finance
Aquarian Holdings, which manages insurance and asset management businesses, said the new division will provide a streamlined structure. Established in 2017, the company has expanded its asset management portfolio to nearly $22bn. Under founder Rudy Sahay's leadership, the company has also built capabilities across the life insurance value chain. The formation of Aquarian Insurance Holdings is expected to enable continued business growth and increased efficiencies. Aquarian Insurance Holdings will comprise Somerset Reinsurance, Investors Heritage and Hudson Life. Via Management Solutions will offer shared services and technology support. Somerset Re, based in Bermuda, focuses on capital-efficient reinsurance solutions for life and annuity insurers. It was acquired by Aquarian Holdings in January 2023. Investors Heritage, a US-based life and annuity insurer established in 1960, became part of Aquarian Holdings in 2018. Hudson Life, acquired and rebranded by Aquarian H
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