Longevity/mortality Buy-Ins, Buy-Outs, Longevity Bonds, Pandemics

News

CMI proposes "no weight" on 2020 data for next mortality projections

It says coronavirus has caused an exceptional mortality experience this year

"Build resilience" urge Wilson and Richter in paper on Covid-19's lessons

Allianz's Tom Wilson and Ludwig Maximilian University's Andreas Richter collaborate on review of ERM implications of the pandemic

GIC Re recommended to run India's pandemic risk pool

A working group of Indian re/insurers details how a public-private pooling initiative would work

Join InsuranceERM's Americas virtual conference for expert insight

The virtual event is free for insurers and will be held on 22-23 of September

Climate change could be "much worse" than Covid-19

Munich Re's reinsurance CEO says climate change has been under the radar because of the pandemic

Munich Re expects around €200m in Beirut explosion claims

It also anticipates a low triple-digit-million euro amount in claims from recent hurricanes

US life-annuity industry's H1 net income dives by 66%

Jackson National's ceded coinsurance agreement with Athene Life Re drove the decline

Principal Financial Group appoints Ken McCullum as CRO

He succeeds Julia Lawler who is retiring after 36 years at Principal

Legal & General completes £530m bulk annuity deal

Transfers risk from Siemens pension fund

Legal & General completes £70m ICI buy-in deal

It marks the insurer's ninth transaction with the pension fund

Analysis

Australia's life insurers in the emergency room

David Walker reports on the suitability, reputational and distribution crises that are destroying the profitability of the country's life sector

Covid-19's consequences for solvency, stress and scenario testing

What lessons have been learned from the solvency risks created by the pandemic? Three experts discuss with Christopher Cundy the reactions from insurers and supervisors, and the implications for future regulation

Pension superfunds "not a competing proposition", says L&G

The pension risk transfer market and investment solutions put insurers in a strong position to manage defined-benefit pension liabilities, L&G's head of pricing and execution Pretty Sagoo tells Cintia Cheong

AIG Life's playbook for Covid-19

Ruth Middleton, AIG Life's chief risk officer, and Debbie Bolton, chief underwriter and head of customer operations at the UK life insurer, tell Ronan McCaughey how the provider has adapted to Covid-19 and reveal their post-pandemic outlook

Longevity risk modelling: what have we learned from Covid-19?

Cintia Cheong talks to Joseph Lu, Colin Dutkiewicz and Mark Cooper how Covid-19 is impacting longevity and what life re/insurers should consider in their modelling and risk management

Generali Switzerland's three-phase approach to coping with Covid-19

Giselle Lim, chief risk officer at Generali Switzerland, describes how the insurer is responding to the operational, capital markets and communication challenges posed by the coronavirus pandemic