Vitality Re VI Ltd Series 2015-1


Vitality Re ILS’ upgraded as health insurer fee impact less than expected

Standard & Poor’s (S&P) has upgraded the ratings for all tranches of Aetna’s Vitality Re V Ltd. and Vitality Re VI Ltd. insurance-linked securities (ILS) deals, following a lower-than-expected impact from the suspension of the industry-wide health insurer fee (HIF). Artemis wrote in early 2016 that the Consolidated Appropriations Act, 2016 read the full article →

Aetna hails efficient, lower-cost capital from launched Vitality Re VI

Health care insurance and benefits firm Aetna has hailed the improved "capital efficiency" and reduction in its "weighted average cost of capital" that it has achieved with the successful completion of its sixth medical benefit claims linked Vitality Re VI Ltd. (Series 2015-1) ILS. Aetna has been visiting the capital markets read the full article →

Aetna’s Vitality Re VI health insurance ILS prices low at $200m

Health insurer Aetna's Vitality Re VI Ltd. (Series 2015-1) ILS has achieved the target size of $200m of protection for the sponsor, while the notes have been priced with one tranche near the lowest end of guidance and the other below it. When the deal launched in early January Aetna was read the full article →

No change to Vitality Re VI price guidance yet

According to sources, the price guidance for the latest health insurance-linked security (ILS) from Aetna, Vitality Re VI Ltd. (Series 2015-1), has not changed as the transaction approaches completion. Investor sources told Artemis that the sixth Vitality Re medical benefit ratio linked ILS deal from Aetna has not seen a tightening read the full article →

S&P explains volatility in Vitality Re ILS, but pandemic remains the tail

Rating agency Standard & Poor's has now published its pre-sale report and preliminary rating for the recently launched $200m Vitality Re VI Ltd. (Series 2015-1) health insurance-linked securities (ILS) deal from life and health insurer Aetna. The Vitality Re VI Series 2015-1 ILS deal was launched to the investor community late read the full article →

Aetna launches new Vitality Re VI health insurance linked ILS

In a repeat of 2014, health insurer Aetna is the first sponsor to launch a new insurance-linked securities deal in 2015, with Vitality Re VI Ltd. (Series 2015-1) seeking at least $200m of protection linked to the insurers medical benefit claims ratio. This is Aetna's sixth Vitality Re medical benefit ratio linked read the full article →