Federal Realty announced a Mercedes-Benz EV charging deal, emphasizing a structural, economically beneficial approach to sustainability initiatives.
The company is leveraging its brand and assets to create ESG-focused programs that generate revenue, rather than just green branding efforts.
Management expressed pride in their ESG initiatives, viewing them as both environmentally responsible and financially advantageous, with plans to expand such programs.
Recognition of In-Force Business Value and Capital Credit Expansion
RGA received a significant increase in in-force business value credits, totaling approximately $2 billion, reflecting long-term embedded value.
The recognition was achieved through a thorough rating agency process, without the need for securitization or borrowing.
This recognition enhances RGA's capital position, with excess capital increasing to $3.8 billion at Q2 end, and pro forma for the Equitable transaction at $2.3 billion.
Further opportunities for in-force value recognition are anticipated, with ongoing efforts to expand credits across more business blocks.
MetLife's Strategic Investment in Reinsurance via Chariot Re
MetLife launched Chariot Re with an initial $10 billion reinsurance deal, aiming to support growth in its diversified retirement platform.
The partnership with General Atlantic and the reinsurance deal are designed to generate institutional client assets and support the company's strategic expansion.
Michel Khalaf emphasized that Chariot Re is a vehicle to enable growth beyond MetLife’s capital generation capabilities, with more deals expected in the future.
Dafinchi