Your search for “life securitization”

FWU Group subsidiary, Luxembourg based life insurance company Atlanticlux is to tap the capital markets once again in a proposed €55 million value in force (ViF) life insurance linked securitisation through incorporated cell vehicle Anima Re A IC Limited.

German reinsurance firm Hannover Re has used its Bermuda domiciled segregated accounts company Kaith Re Ltd., which acts as a type of collateralized quota share sidecar for the reinsurer, to issue a new $10.37m securitization named LI Re (Series 2014-1).

The impact of alternative reinsurance capital in the life reinsurance sector provides one of the largest traditional players with both competition and new opportunities, according to the CEO of Reinsurance Group of America.

Last year investment bank Goldman Sachs highlighted alternative capital in reinsurance as a key disruptive theme to watch in business today. This year banking and investments giant Citi Group has highlighted insurance securitization as an important disruptive innovation.

Hannover Life Reassurance Company of America (HLR), the North American life and health reinsurance subsidiary of Hannover Re Group, has hired Keith Kennerly as Vice President, Structured Health & Financial Solutions, an experienced ILS sector exec.

Rating agency A.M. Best has affirmed the debt rating on the $800m tranche of life insurance-linked securities which were issued by through Northwind Holdings LLC., on behalf of sponsoring life insurer UNUM Group.

In the last few days the news has been awash with discussions of so-called ‘shadow insurance’, discussing the practices of life insurers in using captives and offshore vehicles as sources of reinsurance protection. A report published on Tuesday called out certain practices by life insurers as overly risky to both policyholders and taxpayers.

The life insurance side of the alternative risk financing, transfer and insurance-linked securities market is alive and well with reasonable deal flow in 2012 and a positive outlook to 2013, according to a recent paper on the subject published by actuarial focused firm Milliman Inc. Milliman includes a number of different structures within the life […]

According to an article published on Dow Jones, and available here via the Wall Street Journal, the market for longevity risk transfer through the issuance of bonds or securitization may be about to come out of hibernation. The article says that two longevity bonds are currently being marketed to investors by banks in recent weeks […]

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 agreement see’s Buffet’s Berkshire Hathaway […]