life insurance-linked securities


Leadenhall raises over $600m for life ILS strategies

Leadenhall Capital Partners LLP, the London headquartered specialist insurance-linked securities (ILS) and reinsurance linked investment manager, has significantly increased the size of its life insurance-linked securities (ILS) strategies this year, raising more than $600 million for them in the second-half of 2018.The fresh capital raised for the life ILS strategies read the full article →

Schroders expands asset management reach with Lloyds Banking Group deal

Global asset management group Schroders, which manages more than $3 billion of catastrophe bond and insurance-linked securities (ILS) assets, has announced a tie-up with Lloyds Banking Group that will give it an expanded reach to new clients and an £80 billion wealth management mandate.For Schroders and its exclusive ILS advisor read the full article →

Secquaero hires Horley from Swiss Re as life actuary to advise Schroders

Secquaero Advisors Ltd., the Zurich-based specialists in intermediation of insurance and reinsurance risk to the capital markets and exclusive adviser to Schroders ILS investment operations, has hired David Horley from Swiss Re, to the role of Senior Actuary focused on life insurance-linked securities (ILS).Horley's appointment follows the launch of the read the full article →

Schroder Life ILS strategy launches with $750m of capital

Asset manager Schroders has launched the Schroder Life ILS strategy today, a specialist $750 million fund that will be invested in life insurance and reinsurance linked securities (ILS), aiming to provide its investors with an attractive return from a diversifying asset class.Schroders with the support of Secquaero Advisors Ltd. believes read the full article →

J.P. Morgan to pay $400m to settle Orkney Re II & Ballantyne Re cases

J.P. Morgan has agreed a settlement of legal cases related to its management of the investment accounts for the Scottish Re life insurance securitization transactions issued by Orkney Re II Ltd. and Ballantyne Re plc, with a cash payout of $400 million now expected.The $485 million Orkney Re II of read the full article →

Swiss Re said in talks to sell £1bn Admin Re stake to third-party investors

Global reinsurance giant Swiss Re has been reported to be in talks to sell a £1 billion stake in its closed life insurance book arm Admin Re unit, with pension funds, sovereign wealth and other third-party capital providers thought the likely candidates.Swiss Re has been seeking third-party capital support for read the full article →

Hannover Life Re adds SVP for life reinsurance & securitization

Hannover Life Reassurance Company of America (Hannover Life Re or Hannover Re US) has announced the promotion of Dale Mensik to Senior Vice President, Financial Solutions, a role in which he will lead certain of the firm's life reinsurance capital markets activities.Mensik has been with Hannover Life Re since 2012, read the full article →

S&P withdraws Ballantyne Re Reg XXX life securitization ratings

It's no surprise to read that Standard & Poor's has withdrawn the majority of the ratings it held on Scottish Re’s 2006 Ballantyne Re Plc Regulation XXX type life insurance-linked securities (ILS), as it no longer sees the market interest in maintaining the ratings.This is unsurprising since Scottish Re's life read the full article →

ATLANTICLUX’s SQ ReVita ViF and Salam III Sukuk ILS deals affirmed

Fitch Ratings has affirmed two insurance-linked securities (ILS) transactions from Luxembourg-based life and annuity focused insurer ATLANTICLUX Lebensversicherung S.A., the SQ ReVita value-in-force (ViF) life securitisation and the Salam III Sukuk (Islamic bond).Fitch affirmed ATLANTICLUX's rating and said that as the SQ ReVita and Salam III Sukuk ILS transactions are read the full article →

New RFIB life reinsurance unit to help clients access capital markets

International and Lloyd's specialist insurance and reinsurance broker RFIB Group Limited has launched a new life reinsurance unit, with part of its remit being to assist life insurer clients to access capital markets sources of life reinsurance capacity.Life reinsurance is a totally new offering for the broker, and the new read the full article →