Constellation Insurance, Inc. has announced that Constellation Institutional Markets has re-entered the pension risk transfer market, expanding its institutional capabilities and long-term retirement solutions offering.
Constellation Institutional Markets, through its affiliated insurance companies, now provides group annuity contract solutions designed to help plan sponsors reduce pension risk, improve balance sheet certainty, and continuation of participant benefits.
“Re-entering the PRT market is a natural extension of our institutional strategy and a strong reflection of our expertise in managing long-duration liabilities,” said Brij Grewal, President, Constellation Institutional Markets.
“Building upon a successful 40-year track record of servicing a legacy book of PRT business, we remain committed to putting annuitants first through a disciplined, prudent, and long-term approach that delivers confidence to plan sponsors and security to their participants.”
