Sun Life Financial and reinsurance company Wilton Re have signed a definitive agreement to establish Windsor Life Re, a reinsurance and asset management joint venture. The joint venture will deploy approximately $900 million in capital and plans to reach $10 billion in assets under management once fully operational. Windsor Life Re will be managed by Wilton Re, with Sun Life Financial's SLC Management serving as the chief investment asset manager, aiming to support Wilton Re's expansion in its core life and annuity businesses in the United States.