longevity risk transfer

Opportunities for pension schemes who are looking to transfer longevity risks through the use of instruments such as longevity swaps or annuities, could become closed off due to the Eurozone crisis, according to a new report from Towers Watson. The report which details the results of a survey of several major providers –  insurance companies […]

The last week has featured a lot of coverage of the catastrophe bond and insurance-linked securities market during Q1 and discussions of where the market is heading through the rest of 2o12. Generally the sentiment is positive and this year is expected to be a strong one for ILS and cat bonds. Also, another cat […]

Prudential have entered into a pension buy-out agreement with a closed UK public-sector pension fund. The deal see’s Prudential take on £272m of pension assets from the West Midlands Integrated Transport Authority’s part of the £7.7 billion West Midlands Pension Fund, according to this article in Financial News.

The UK, and some other countries in Europe, lead the way when it comes to awareness of longevity risk and use of longevity risk transfer instruments to reinsure or hedge against the risks of pensioners living longer than expected. The UK in particular has seen the most activity in the longevity risk transfer market thanks […]

The UK’s Royal County of Berkshire pension fund, who completed their first longevity hedge with Swiss Re back in December 2009, are looking to repeat the experience and have issued a request for proposals for a second longevity hedge. The 2009 transaction was the first time a public sector pension fund had looked to hedge […]

It’s been another busy week for news in the catastrophe bond and insurance-linked securities market. Thoughts at this time of year turn to the impending U.S. hurricane season and the mid-year renewals shortly after. No new cat bond deals began marketing in the last seven days, but investors continue to discuss what they see as […]

The International Monetary Fund has published a chapter of its Global Financial Stability Report which discusses ‘The Financial Impacts of Longevity Risk’. In it they warns that the U.S. and other governments need to acknowledge the size of the longevity risks they are facing, put in place mechanisms for improved risk sharing between governments, private […]

We hope our readers have enjoyed their Easter holiday break (where celebrated). Here’s your Monday catch-up of the top news of the last week from Artemis. This week saw the awaited catastrophe bond from Florida Citizens come to market, the first time Citizens has tried to tap the capital markets for some of their reinsurance […]

The catastrophe bond market has been busily completing transactions in the past week, with two deals increasing in size. Other news this week includes the heavy insured loss toll of 2011, discussion of the cat bond market and where pricing is going, a Lloyd’s syndicate looking at ILS and a look at cat bond maturing […]

It’s been another busy week for news here on Artemis. With a cat bond threatened by an earthquake and saved by the parametric zones which had been defined, the completion of Combine Re Ltd., news of a new firm wanting to make liability cat bonds a viable proposition and more developments in the longevity risk […]