Sun Life and Wilton Re Form Windsor Life Re Partnership

Sun Life Financial Inc. and U.S. reinsurance company Wilton Re have signed an agreement to establish Windsor Life Re, a strategic reinsurance and asset management partnership. The venture will integrate the liability management expertise of Wilton Re with the insurance and asset management capabilities of Sun Life.

The partnership is expected to deploy approximately 900 million US dollars, supported by capital commitments from both firms. Under the terms of the agreement, Wilton Re will manage the venture, while SLC Management, the global institutional alternatives asset manager for Sun Life, will serve as the lead asset manager.

Owned by the Canada Pension Plan Investment Board, Wilton Re will collaborate with Sun Life to launch the partnership in the first half of 2027, pending regulatory approvals and customary closing conditions.