Annuity and Life Re (Holdings), Ltd. (Annuity and Life) provides annuity and life reinsurance to select insurers and reinsurers through its wholly owned subsidiaries Annuity and Life Reassurance, Ltd. and Annuity and Life Re America, Inc. and its subsidiary, Annuity and Life Reassurance America, Inc. The Company's life reinsurance segment is the reinsurance of ordinary life insurance, primarily for mortality risks. Its annuity reinsurance segment is the reinsurance of general account fixed deferred annuities, general account payout annuity obligations and certain ancillary risks arising from variable annuities. Annuity and Life is not underwriting any new treaties or accepting any new business from its existing treaties. It is exploring whether it can, should or will begin selling new insurance and reinsurance products in the future.