mortality risk


SCOR in VIF (Value of In Force) life reinsurance deal with Mediterráneo Vida

SCOR Global Life, a subsidiary of French reinsurer SCOR SE, has completed a VIF (Value of In Force) life reinsurance transaction with Mediterráneo Vida, a Spanish insurer owned by Banco Sabadell.The VIF reinsurance deal, which became effective on January 1st 2014, sees SCOR reinsure a portfolio of life policies covering read the full article →

Could UK annuity changes impact longevity risk transfer market?

The UK government announced changes to the pension regime which could result in significantly lower amounts of annuities being purchased as well as a reduction in longevity risks at pension schemes and life insurers.The changes announced during the UK budget last week aim to give workers enrolled in defined contribution read the full article →

Numerix aims to help actuaries better project mortality improvements

Numerix, a leading independent provider of analytical tools for derivatives valuation and risk management, has added a new 'Life' asset class to its products with the introduction of a mortality model. The model aims to help actuaries with stochastic projection of mortality improvements to enable better quantification of longevity risk.The read the full article →

Hogan Lovells assists SCOR with VIF (Value of In Force) life reinsurance deal

Global law firm Hogan Lovells assisted French reinsurer SCOR on its recent life reinsurance transaction. Hogan Lovells acted as an advisor to SCOR on the deal which saw SCOR Global Life Reinsurance Ireland plc, an Irish subsidiary of SCOR Global Life SE, enter into a life reinsurance transaction with leading read the full article →

SCOR in VIF (Value of In Force) life reinsurance transaction worth EUR1 billion

SCOR Global Life Reinsurance Ireland plc, an Irish subsidiary of French reinsurer SCOR Global Life SE, has entered into a life reinsurance transaction with a leading Spanish life insurance company, BBVA Seguros. The transaction sees SCOR reinsure a whole block of life reinsurance risks underwritten by BBVA and the deal read the full article →

Buffett’s Berkshire Hathaway reinsures variable annuity risks, bets against longevity

Making the news today is another large and interesting reinsurance transaction involving Warren Buffett’s Berkshire Hathaway Inc. which sees the firm taking on variable annuity risks and as a result assume some exposure to mortality and longevity risks. In a reinsurance deal worth $2.2 billion, Berkshire Hathaway will reinsure the risks read the full article →

Buffett’s Berkshire Hathaway bets on future values of life insurance

Interesting news today as Warren Buffet's Berkshire Hathaway Inc. entered into a reinsurance agreement with Spanish insurance company VidaCaixa, Sociedad Anónima de Seguros y Reaseguros, a wholly owned subsidiary of Spain's CaixaBank S.A. We don't always cover straight reinsurance transactions but in this case it is interesting as this reinsurance read the full article →

RMS on their innovative approach to modelling the Vita Capital V mortality bond

Risk modelling firm Risk Management Solutions (RMS) are providing both risk modelling and calculation agent services to the recently completed Vita Capital V Ltd. mortality-linked security transaction which completed this week. The transaction provides sponsor Swiss Re with a $275m source of extreme mortality cover via a catastrophe bond type read the full article →

Vita Capital V takes Swiss Re’s Vita extreme mortality protection to over $2.25 billion

Reinsurer Swiss Re has released some comments on the completion of their latest extreme mortality securitization, Vita Capital V Ltd. As we wrote earlier today, Vita Capital V successfully completed at $275m yesterday and received its ratings. It's Swiss Re's fifth Vita securitization in the last three years and the read the full article →

Vita Capital V Ltd. completes successfully, takes 2012 insurance-linked securities issuance to $4 billion

Swiss Re's sixth issuance in their series of Vita mortality-linked catastrophe bond (or insurance-linked security) deals has completed successfully. Vita Capital V Ltd. completed and received its formal ratings yesterday after being in the market since we first wrote about the deal three weeks ago, during which time it nearly read the full article →