Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

longevity risk derivative

Share

Axis Capital expecting $136m loss from longevity risk derivative

16th October 2009

Axis Capital, the Bermudian reinsurer, has announced in its preliminary third-quarter results that it expects to lose around $136m due to a longevity risk derivative contract. The final loss will be unveiled in the reinsurers official third-quarter results filing. The derivative contract doesn’t expire until 2017 but Axis will have to carry those losses on […]

Read the full article