Swiss Re Insurance-Linked Fund Management

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vitality re iii ltd


Vitality Re III notes list on Cayman Islands exchange

30th January 2012

The variable rate note programme and securities issued by the Vitality Re III Ltd. special purpose vehicle have been admitted for listing to the Cayman Islands Stock Exchange. The recently completed medical benefit linked insurance-linked security transaction provides insurer Aetna with a source of reinsurance cover against medical benefit claims breaching pre-defined trigger points on […]

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Aetna completes Vitality Re III Ltd. medical benefit insurance-linked security

27th January 2012

Aetna have completed their third insurance-linked security transaction which allows them to transfer the risk of catastrophic levels of medical benefit claims hitting the firm. The $150m medical benefit linked ILS issued through Cayman Island domiciled Vitality Re III Ltd. provides catastrophe bond type cover to Aetna subsidiary Health Re Inc. against medical benefits claims […]

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