“The Australian market has undergone a fair amount of disruption in the life insurance space over the last few years so we see this as a unique opportunity to bring a fresh approach to supporting Australian insurers.” Pacific Life Re Division CEO, Dave Howell, also commented, “This licence represents a further expansion of the global Pacific Life Re brand and proposition.
Take context from the input text and decide on the accurate relationship between 'Pacific Life' and 'insurance' from the options provided.
Options: creator, stock exchange, industry, currency