Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

pension scheme


£40 billion of UK pensioner longevity risk already transferred

20th March 2012

Since the longevity risk transfer and pensioner longevity de-risking market began in earnest in 2006 over £40 billion of pensioner liabilities have been transferred using instruments such as longevity swaps, buy-ins and buy-outs according to an update from Hymans Robertson. The total volume of risk transfer deals is expected to surpass £50 billion by the […]

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Investment managers views on pension funds in the insurance-linked securities market

7th September 2011

This morning we attended Standard & Poor’s London ILS event, the ‘5th Annual European Insurance-Linked Securities Conference’. This well attended, informative event featured a number of interesting panel discussions including one involving three well known ILS investment managers discussing the increasing trend for pension funds investing in ILS and catastrophe bonds.

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Pension Corp. in £30m buyout of Nova Chemicals UK Pension Plan

23rd August 2011

Pension Corporation continues to be one of the most active participants in the pension risk transfer and de-risking marketplace as they complete regular transactions with counterparties. Their latest transaction see’s them enter into a pension buyout agreement with Nova Chemicals UK Pension Plan (press release available here).

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ITV completes £1.7 billion longevity swap with Credit Suisse

22nd August 2011

ITV plc, a British television broadcaster, has announced that it has entered into a £1.7 billion longevity swap with Credit Suisse to remove the risks associated with increases in pension liabilities due to longer than expected life spans of members of their defined benefit pension scheme. Towers Watson advised the ITV Pension Scheme on the […]

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