IAP served as exclusive financial advisor to Assured Guaranty Ltd. on its entry into the annuity reinsurance market through the acquisition of Warwick Re Ltd.

On January 21, 2026, Assured Guaranty Ltd. (NYSE: AGO), the leading financial guarantor, announced its entry into the annuity reinsurance market through the acquisition of Warwick Re Ltd. (“Warwick Re”), a Bermuda-based life and annuity reinsurer.

Assured Guaranty has renamed the acquired entity Assured Life Reinsurance Ltd. (“Assured Life Re”). The transaction values Warwick Re at ~$158m, subject to post-closing adjustments.

The acquisition facilitates AGO’s entry into the annuity reinsurance market, provides an immediate platform for growth, and enables the deployment of excess capital across opportunities that are a natural extension of core competencies in credit, structured finance, and asset management.

Insurance Advisory Partners LLC served as exclusive financial advisor to Assured Guaranty Ltd. in connection with this transaction.

This transaction further underscores IAP’s ability to extend its significant insurance expertise to transactions within the life and annuity (re)insurance sector.

The IAP team is committed to providing experienced, objective and insightful advice to help our clients achieve their goals and maximize their success.

For more information regarding this transaction, please see the case study below, the Press Release and the Investor Presentation.