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

News

RGA updates equity impact from adopting LDTI

Early US flu season hits the reinsurer's Q4 claims

Updated UK mortality projections model may cut months from life expectancy

CMI set to incorporate some 2022 data in this year's model update

Abacus Life looks to expand life risk transfers for re/insurers

Leader in US life settlements broadens remit in bid for growth

Farsight Partners targets up to $250m for life ILS fund

UK firm announced partnership with Twelve Capital this week

ILS manager Twelve Capital expands into life business with Farsight Partners

Farsight is led by former Securis chief underwriter Paul Whiting

UK firms survive 2022 stress tests on average, but some dip below 100% solvency

Some 54 life and non-life entities tested their solvency under extreme scenarios

England and Wales had worst second half for mortality in 2022 since 2010

The CMI said mortality as a whole for 2022 was 4.5% higher than in 2019

PRT market to break two records in 2023, say WTW and Standard Life

Interest in pension risk transfer deals soars as rates rise

Scor secures fifth renewal for contingent capital facility

JP Morgan will provide the three-year long equity line

Scor seals £1.7bn longevity swap with Balfour Beatty Pension Trust

It follows a £5.5bn longevity risk deal by the reinsurer earlier this year

NN addresses solvency volatility from Dutch mortgage spreads

Valuation changes or internal model mechanisms are being considered

German actuaries warn of elevated mortality as climate change emerges

Heat stress more likely as global climate warms, says DAV

CRO Forum warns insurers to prepare for more pandemics

It assesses how Covid-19 has impacted re/insurers' liabilities and asset management

NHS funding will be major headwind for UK longevity assumptions

On the positive side, Hymans Robertson expert points to a potential anti-ageing drug

PRA steps up oversight of funded reinsurance for annuity firms

UK regulator warns life insurers about concentration risks

Analysis

Thinking outside the box on emerging risks

Risk professionals may need to deploy more imagination if they are to address the perils that are currently going undetected. Paul Walsh reports

Insurers' hidden risk from reinsurance recaptures: the perspective of UK annuity writers

Mudi Ugono and Brad Ashton discuss the findings from a working party on how a reinsurer default could affect insurer balance sheets - and how the management of this risk could be improved

Sarah Williams cultivates new risk strategy at Guardian Life

Sarah Williams found a new job and a new hobby during the pandemic. Now chief risk officer at Guardian Life - and a keen gardener - she is planning to make both flourish, as she explains to Ronan McCaughey

Legacy life books: targeted approaches to de-risking and optimisation

In the second of two articles, Luca Tres reviews how a targeted risk transfer strategy can help life insurers better manage their legacy books - and looks to the future of legacy life de-risking

Legacy life books: a proactive approach

In the first of two articles, Luca Tres discusses the strategies available to life insurers facing the challenges of high capital intensity and low profitability in their life legacy business

Climate change's threat to longevity

The relationship between the environment and human health is a growing topic for life insurers. Longevity modelling experts expect there will be some important and unexpected trends to consider, as Cintia Cheong reports