life insurance securitization


“Reinsurance platform” to support life ILS growth: Rivas, Credit Suisse

The development of a “reinsurance platform” at Credit Suisse Insurance Linked Strategies Ltd. is set to further expand the unit’s capabilities in the global life reinsurance and ILS space, according to Javier Rivas, Director of ILS at the firm.Demand in the life insurance industry for hedging mechanisms such as longevity read the full article →

Secquaero in €70m SQ ReVita II life ViF securitisation for Atlanticlux

Secquaero Advisors AG has completed another value-in-force life insurance securitisation for Luxembourg domiciled life insurer Atlanticlux Lebensversicherung S.A, in a €70m SQ ReVita II IC Ltd. transaction featuring a closed-block of European life insurance.Secquaero Advisors, an advisory and consulting firm that specialises in intermediation of insurance or reinsurance risk to 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 →

Canadian K-Note reinsurance collateral financing transaction completed

Karson Management (Bermuda) Limited, led by veteran of the insurance-linked security (ILS) and alternative risk financing sector Derrell Hendrix, alongside BNY Mellon have announced the successful completion of the first K-Note reinsurance collateral financing transaction in Canada.We first wrote about Karson Management's collateral alternatives and the development of the K-Note 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It's no surprise to read that Standard & Poor's has withdrawn the majority of the ratings it held on Scottish Re’s 2006 Ballantyne Re Plc Regulation XXX type life insurance-linked securities (ILS), as it no longer sees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 →

Northwind life insurance-linked securities affirmed by A.M. Best

Rating agency A.M. Best has affirmed the ratings on the $800m tranche of life insurance-linked securities (ILS) issued by Northwind Holdings LLC., on behalf of sponsoring life insurer the Unum Group.The Northwind transaction, which was the first life insurance-linked securitization of its kind when it came to market back in read the full article →

Avondale life insurance-linked notes affirmed positive by Moody’s

Moody's has affirmed the life insurance-linked notes issued by Avondale Securities SA., which were issued to transfer a block of life insurance risk to the capital markets through securitisation for the Bank of Ireland.Following on from an upgrade to the Avondale Securities life ILS notes by Standard & Poor's, Moody's read the full article →

Avondale Securities life insurance-linked notes upgraded by S&P

The life insurance-linked notes issued by Avondale Securities SA., which were issued to transfer a block of life insurance risk to the capital markets through securitisation for the Bank of Ireland, have been upgraded by rating agency Standard & Poor's.The Avondale transaction was designed to allow the Bank of Ireland read the full article →

Asian mortality protection gap an opportunity for reinsurance & ILS

The burgeoning $58 trillion mortality protection gap impacting Asia was highlighted by reinsurance giant Swiss Re recently, signalling an opportunity for capital providers in the insurance, reinsurance, catastrophe bond and insurance-linked securities (ILS) space.Reinsurer Swiss Re has published a preview and accompanying fact sheet prior to the release of its 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 →