News & Analysis Results

Loss faced by Ballantyne Re life securitization investors becomes clearer

News 16th August 2012

Scottish Re’s 2006 Ballantyne Re life insurance securitization transaction has been heading for what seems like an inevitable default for some time now. The Regulation XXX type life insurance linked transaction saw huge mark-to-market losses on the assets in the underlying collateral accounts. As a result it experienced regular failures to make interest payments resulting […]

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Vecta I Ltd. embedded value life securitization deal launched

News 16th December 2011

An embedded value life securitization transaction has been launched on behalf of Aurigen Reinsurance who are seeking through this Vecta I Ltd. deal to monetise the cash flows associated with life insurance and mortality business it has reinsured. Embedded value life securitization transactions enable sponsors to realise the present value of future cash flows by […]

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AEGON free up capital through $900m life securitization

News 16th October 2009

AEGON, the huge Dutch life insurance group, has announced the completion of a life insurance securitization transaction designed to free up capital to the group. The transaction will free up approximately $650m of additional regulatory capital to its U.S. operations. The transaction itself is worth $900m (the first portion of which was realised in 2008) […]

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