What is Group Reinsurance?

Just as individuals or businesses purchase insurance to protect them from the financial consequences of property and liability losses, insurance companies purchase reinsurance to protect them from some of the financial consequences of insuring the loss of others. Reinsurance is very common between insurance companies, and is not usually disclosed to the person or business that is buying the insurance. That’s why many employers and individuals are not aware of the amount of reinsurance that is routinely transacted on a daily basis 

What is your A.M. Best rating?

A.M. Best: B- (Strong)

A.M. Best provides an opinion of an insurer’s ability to meet long-term obligations to its policyholders. The opinion is rendered on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.

Ratings are current as of 6/27/2011. 

In what states is Atlanta Life able to reinsure?

We are able to reinsure in all states, as well as internationally.

What industries do you serve?

An increasing number of corporations, organizations and government clients from the industries listed below continue to reinsure their Employee Group Benefits Program through Atlanta Life Insurance Company:

  • Aerospace & Defense
  • Airlines
  • Beverage
  • Chemical
  • Consumer Goods
  • Education
  • Energy
  • Government
  • Insurance
  • Motor Vehicle and Parts
  • Petroleum Refining
  • Retail
  • Securities Banking
  • Steel
  • Telecommunications
  • Tobacco

Who are some of your clients?

Our Strategic Partners include:

  • Aetna
  • Cigna
  • MetLife
  • Prudential Financial
  • The Hartford

Some of our Group and Reinsurance clients include:

  • Coca-Cola
  • GM
  • Lockheed Martin
  • P&G

How does your policy period run?

Our policy period runs concurrently with the employer’s group life insurance policy.

Will my company’s premiums be effected by an agreement with Atlanta Life?

No, the employer’s premiums will not be affected by an agreement with Atlanta Life.

In what states does Atlanta Life Insurance Company hold minority certifications?

Through the NMSDC (National Minority Supplier Development Council), a direct link between corporate America and minority-owned businesses, Atlanta Life has acquired minority certifications in the following states (councils):

Alabama
Alaska
Arkansas
Connecticut
Delaware
Florida
Georgia
Idaho
Kentucky
Maine
Massachusetts
Montana
New Hampshire
New Jersey
North Carolina
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas- Houston, Central & South, Dallas/Ft. Worth
Vermont
Washington