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

News

Zurich provides free Covid-19 antibody testing for UK employees

Employees will not be required to disclose their test result and testing is optional

Prudential Financial completes $1.7bn of longevity reinsurance in H1

UK market resilient to Covid-19, says insurer

Zurich arranges £1.4bn longevity swap for UBS UK pension scheme

The deal sees 100% of the longevity risk reinsured by Canada Life Reinsurance.

Jelena Strelets to head actuarial planning at Pacific Life Re

She joins the reinsurer from EY in Bermuda

Florida bill restricts life insurers' use of genetic information

The bill was approved by Florida governor Ron DeSantis

Munich Re strikes £1bn longevity deal with Willis Towers Watson

Transaction made via WTW's Guernsey-based captive insurer

Resolution Life completes M&A of AMP Life

Clive Cowdery, Resolution Life's founder also flagged further Australasian growth

Excess deaths in England and Wales drop below 2019 levels

CMI says 13-19 June was first time since March that excess deaths have turned negative

BoE governor intervenes in pension superfunds regime: report

Andrew Bailey says framework is a financial stability risk, reports Sky News

UK insurers fight for tougher rules for pension superfunds

DB consolidation vehicles given greenlight to operate

Analysis

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

Modelling the virus

The spread of Covid-19 has not come as a surprise to everyone. Analytics firms are looking at the thousands of situations to model pandemics every day. However, it seems insurers are not quite up to scratch. Sarfraz Thind reports

Australian life insurers arm up on the frontline of climate change

Climate change is not just a worry for property and casualty insurers. In Australia, whose recent natural disasters are widely seen as harbingers of global warming, life and health firms recognise complacency is no option. David Walker reports

China's coronavirus outbreak could hit insurers severely - UPDATED

Insurance experts talk to Ronan McCaughey about the mortality, operational and economic losses the deadly virus poses for the re/insurance industry