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Home > Financial Services > Stock Brokers > Scottish Re Capital Markets, Inc.
Scottish Re Capital Markets, Inc.
Scottish Re Capital Markets, Inc. is a member of NASD, the National Association of Securities Dealers. NASD is a self-regulatory organization of the securities industry responsible for the operation and regulation of the NASDQ stock market and over the counter markets. It also administrates exams for the investments professionals, such as the series of 7 exams.
Scottish Re Capital Markets is a wholly-owned subsidiary of Scottish Re Group Limited, provides life, annuity and financial reinsurance solutions designed to meet the challenges of today’s competitive marketplace. Since their formation in 1998, they have grown into one of the three largest life reinsurers in the US market. They offer their clients excellent financial security, quality claims paying ratings, disciplined underwriting, thorough administrative services and quality professionals in the field.
They reinsure the mortality risk on life insurance policies written by primary insurers. They write their Traditional Solutions business predominantly on an automatic basis with respect to newly written life insurance policies. This means that they automatically reinsure all policies written by a ceding company that meet the underwriting criteria specified in the treaty with the ceding company.
Their direct sales force targets the top 60 life insurance companies of which they count 46 of these 60 as current customers. These companies are responsible for originating the majority of all term life insurance written in their market.
They offer reinsurance solutions that improve the financial position of their clients by increasing their capital availability and statutory surplus. Financial Solutions include contracts under which we assume the investment and persistency risks of existing, as well as newly written, blocks of business.
The products reinsured include annuities and annuity-type products, cash value life insurance and, to a lesser extent, disability products that are in a pay-out phase. This line of business includes acquired solutions products in which they provide their clients with exit strategies for discontinued lines, closed blocks, or lines not providing a good fit for a client’s growth strategies.
With their assuming full responsibility and management of these contracts, their clients can focus and concentrate their full efforts and resources on their core strategies.
They are committed to maximizing shareholder value by becoming the preeminent global specialist dedicated to helping customers improve their financial condition by providing innovative reinsurance solutions and the highest quality capacity to manage insurable financial risks.
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