longevity index


NN Life gets index-based longevity hedge from Hannover Re

NN Life, part of the Nationale-Nederlanden (NN Group), has entered into an index-based longevity hedge transaction with reinsurance firm Hannover Re, in a deal covering the insurer against longevity trend risk associated with around EUR 3 billion of its liabilities. The transaction was facilitated by adviser to NN Group Longitude Solutions read the full article →

Delta Lloyd & RGA in second €12 billion longevity swap deal

Dutch insurance, pensions and investments firm Delta Lloyd and Reinsurance Group of America (RGA) have entered into their second index-based longevity swap transaction, which again covers underlying longevity reserves of around €12 billion. Again, the transaction is a described as a longevity replication derivative based on Dutch population mortality data. It read the full article →

OECD calls for capital markets to embrace longevity risk hedging

With life expectancies set to continue improving, the OECD yesterday called for the capital markets to offer additional capacity for the hedging of longevity risk, but said that longevity risk instruments need to be standardised to increase transparency and liquidity. In its annual Pensions Outlook 2014, the Organisation for Economic Co-operation read the full article →

Delta Lloyd in EUR 12 billion index-based longevity swap with RGA Re

Dutch insurance, pensions and investments firm Delta Lloyd has entered into an index-based longevity swap transaction covering €12 billion of its longevity reserves with Reinsurance Group of America. It's the first longevity risk transfer or swap transaction which is linked to an underlying mortality index that we've covered in some time, read the full article →

OECD: Governments should stimulate market in longevity risk

The Organisation for Economic Co-operation and Development (OECD) has published a 230 page report looking at various issues affecting the pension markets and highlighting areas that need reforming in order for pension plans to meet their obligations and better serve their members. One of the issues covered in the bumper read the full article →

Life and Longevity Markets Association launches four longevity indices

The Life & Longevity Markets Association (LLMA), an industry group who have been working to make longevity a tradeable risk, have announced today the launch of its own four longevity indices. The LLMA Longevity Indices can be used as a reference for the transfer of longevity risk from those seeking read the full article →