Massachusetts Mutual Life Insurance (MassMutual) is examining the possibility of entering into a reinsurance agreement aimed at decreasing its life insurance reserves, reports Bloomberg. Initial contacts with potential reinsurers have been made, with discussions focusing on the company's universal life insurance with secondary guarantees. This line of business accounted for approximately $6.7bn in reserves at the end of 2024. A successful agreement is expected to potentially release reserves of more tha ...