by John Darer CLU ChFC MSSC CeFT RSP CLTC
Protective Life Corporation, a subsidiary of Dai-ichi Life Holding, actively manages structured settlement annuities through its operating subsidiaries.
Structured settlements provide recipients with periodic payments over time and are often used in legal settlements such as personal injury cases. Protective Life ensures the administration these settlements, offering customer and handling of policy details.
When Liberty Life Assurance Company of Boston was sold to Lincoln Financial Group in 2018, the structured settlement book of business was then reinsured by Protective Life, which handles structured settlement customer service for former Liberty Life Insurance Company of Boston annuitants. See Structured Settlements Customer Service | Protective Life
My contemporaneous coverage
Liberty Life Assurance Company of Boston to be Acquired by Lincoln Financial Group – Structured Settlements 4Real®Blog
Have Liberty Life Assurance Company of Boston Structured Settlement? Who Do You Contact Now? – Structured Settlements 4Real®Blog 2025
Structured Settlements 4Real® Blog: Structured Settlements | Settlement Planning News and John Darer Reviews: Protective Life Insurance Company October1, 2019
Recently, Protective Life entered a significant reinsurance agreement with Resolution Life, ceding $9.7 billion in reserves, including structured settlement annuities, to mitigate market risks and free up capital
- The agreement will see Protective’s operating subsidiaries, Protective Life Insurance Company and West Coast Life Insurance Company, ceding specific blocks of structured settlement annuities as well as secondary guaranteed universal life policies to Resolution Life.
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- The move is set to mitigate market risk and free up capital for Protective, enabling the company to invest in growth opportunities.
- Protective plans to expand through acquisitions and strengthen its core retail businesses, which include protection, retirement, asset protection and employee benefits, while continuing to offer its “no-lapse” guaranteed universal life policy.
Who is Resolution Life?
Who is Dai-Ichi Life Holdings?