longevity risk transfer

Just the other day we wrote about the news that the longevity risk transfer market was showing a growing interest in the Netherlands as the next likely market to see a longevity swap completed. To date only the UK has seen a deal where a reinsurer (or other counterparty) takes on the risk of longevity […]

We’ve been saying since last November that the Netherlands looks like a good candidate to be the next European country to see an active longevity risk transfer and longevity swap market emerge. To date, all longevity swap deals have been completed in the UK over the last couple of years but the signs are there […]

Bloomberg reports today that Scor the French reinsurer is targeting the longevity swap market by establishing a new team in London focused on capturing a portion of the longevity risk transfer sector. Longevity swaps are a growing area of risk transfer which allows pension schemes and insurers to hedge the risk of retirees living longer […]

We’ve received a press release from JPMorgan which gives much more detail on the longevity hedge transaction they have entered into with Pall (which we announced earlier). This deal is groundbreaking in terms of structure and has the potential to accelerate development in the longevity hedging and risk transfer market. The press release in full […]

Hymans Robertson, the specialist pensions advisory and management firm, has published a report looking at the health of the UK’s FTSE 350 companies pension schemes. The report finds that the aggregate deficit, or shortfall, in these pension schemes has seen a £33 billion improvement. As a result Hymans Robertson suggests that pension schemes focus will […]

The longevity risk transfer market is one area of reinsurance and risk transfer that is slated for growth during 2011. Industry experts are saying that the sector which involves pension scheme buy-outs, re/insurance, bulk annuities and longevity swaps is expected to grow, and since Swiss Re successfully transferred $50m of longevity trend risk to the […]

To tackle the issue of longevity risk, the risk of an increasingly ageing population and the impact that will have on pension liabilities, the re/insurance industry will need to work closely with both governments and capital markets. On its own the re/insurance industry does not have the capacity to assume the amount of longevity risk […]

The UK governments Department for Work and Pensions has released some data showing their latest projections for how many citizens living in the UK will make it to age 100 and how many centenarians there will be in the future. The stark figures show longevity increasing rapidly and should serve as a warning to pension […]

Longevity risk was one of the topics discussed at the recent Swiss Re ILS media briefing Artemis attended. It’s a topic that is gaining increasing attention from re/insurers and also pension funds and it is a huge potential market which could open up to risk transfer to the capital markets.

Insurer Aviva has joined the Life & Longevity Markets Association (LLMA) taking the number of members of the still new association up to eleven. The LLMA is a not for profit association dedicated to promoting liquidity in the traded longevity and mortality risk markets.