Scor targets London for longevity swaps team


Bloomberg reports today that Scor the French reinsurer is targeting the longevity swap market by establishing a new team in London focused on capturing a portion of the longevity risk transfer sector. Longevity swaps are a growing area of risk transfer which allows pension schemes and insurers to hedge the risk of retirees living longer than expected.

Scor has targeted the UK as it is the most mature market for longevity swaps. They see a growing area of opportunity in longevity risk and reference a growing need for reinsurance for pension schemes and insurers due to the changing regulatory environment and Solvency II. They are targeting revenues of €110m ($150m) per year by the end of 2013.

Full story from Bloomberg here.

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.