mortality

Global reinsurance firm Swiss Re has continued its trend of redeeming its series of Vita Capital mortality linked catastrophe bonds, with its $275m 2012 transaction Vita Capital V Ltd. called a year early and investors to be paid a premium of 1%.

A research paper looking at mortality rates in the UK, concludes that there could be errors in the current data provided by the Office for National Statistics (ONS) and suggests that this could lead to basis risk within longevity hedges, swaps or reinsurance transactions.

Reinsurance firm Swiss Re is considering allowing third-party capital sources to enter its Admin Re unit in some form, according to comments made at the reinsurers recent investor day. The reinsurer would consider allowing third-party capital providers to participate in a transaction to buy new blocks of life business.

RMS have today announced the launch of a new version of their RMS LifeRisks™ modelling platform. The LifeRisks product is a risk modelling platform for the life insurance and pension risk management industry (reinsurers with exposure to those lines of business too, we assume). It is designed to enable them to accurately model the impacts […]

Risk modelling firm Risk Management Solutions (RMS) are providing both risk modelling and calculation agent services to the recently completed Vita Capital V Ltd. mortality-linked security transaction which completed this week. The transaction provides sponsor Swiss Re with a $275m source of extreme mortality cover via a catastrophe bond type securitization. RMS have published some […]

Reinsurer Swiss Re has released some comments on the completion of their latest extreme mortality securitization, Vita Capital V Ltd. As we wrote earlier today, Vita Capital V successfully completed at $275m yesterday and received its ratings. It’s Swiss Re’s fifth Vita securitization in the last three years and the sixth we have recorded in […]

Swiss Re’s sixth issuance in their series of Vita mortality-linked catastrophe bond (or insurance-linked security) deals has completed successfully. Vita Capital V Ltd. completed and received its formal ratings yesterday after being in the market since we first wrote about the deal three weeks ago, during which time it nearly tripled in size to secure […]

As we wrote recently, Swiss Re are marketing the sixth issuance in their series of Vita mortality-linked catastrophe bond (or insurance-linked security) deals. The transaction, Vita Capital V Ltd. , which has been marketing for two weeks began as a $100m deal split into two tranches of mortality-linked notes according to the rating documentation and […]

Reinsurer Swiss Re has begun marketing their latest insurance-linked security transaction and this time it’s a deal that the wider ILS investment market should appreciate as it’s a diversifying opportunity and a life transaction. Swiss Re are bringing their latest Vita Capital mortality-linked catastrophe bond to market, their fifth such transaction, being issued through a […]

You’d be forgiven for thinking that the insurance-linked securities market was only about catastrophe risk securitization if you looked at our Deal Directory and in recent months it has been. However, according to panelists at ratings agency Standard & Poor’s recent Insurance 2012 Conference there’s life in life insurance-linked securitization yet, particularly in the securitization […]