Your search for “life securitization”

Back in October we wrote that two life insurance-linked securitization transactions sponsored by Unum Group had been favourably reviewed by Moody’s and their ratings affirmed based on the both deals performance and the quality of the underlying assets. Now another rating agency, A.M. Best, has similarly affirmed both sets of securitized life insurance linked notes […]

Ratings agency Moody’s have affirmed their rating on two life insurance-linked securitization transactions sponsored by Unum Group. Northwind was the first securitization of individual disability insurance policies issued back in 2007, while Tailwind was the first securtization of a defined block of long-term disability claims in 2006. The transactions were seen as a way to […]

Fitch Ratings says in a press release that UK life insurers are expected to increase their pension exposure from corporates looking to offload pension fund risks including longevity. There is an opportunity for life insurers to grow their business by participating in pension risk transfer with one of the main areas of potential growth in […]

Standard & Poor’s has issued a press release which provides commentary on their approach to rating medical benefit linked securitization transactions such as the Vitality Re Ltd. and Vitality Re II Ltd. deals which were issued on behalf of insurer Aetna. The commentary provides some information on the factors that S&P consider during their analysis […]

We don’t write about life settlements often on Artemis, part of the reason being that we are most interested in life settlement securitization, an area which hasn’t seen a huge amount of activity or news lately. We are aware that a good percentage of our readers have an interest in life settlements as an asset […]

Proponents of longevity risk transfer through instruments such as securitization via a catastrophe bond type structure (in a similar manner to Swiss Re’s Kortis Capital deal), or swaps, derivatives and hedging mechanisms, will be pleased to learn that this has now become a topic of discussion in China.

A new report published by ratings agency Standard & Poor’s suggests that the traditional life reinsurance market has been shrinking since 2003 and now participants in this market are seeking new, non-traditional ways to stimulate growth. Another trend which is leading S&P to suggest that non-traditional risk transfer could see growth in the life reinsurance […]

An open letter from the American Securitization Forum (ASF) to the U.S. government agencies concerned with the regulation of financial markets and the creation of the Dodd-Frank reforms requests that any new credit risk retention regulations should take into account the needs of niche securitization sectors. One of those niche securitization sectors mentioned in the […]

After the success of their first medical benefit insurance-linked security transaction Vitality Re which came to market in December last year, Aetna are seeking to secure additional catastrophe bond type cover for their Health Re Inc. subsidiary through a second transaction.

The city of Shanghai in China has been slowly establishing itself as an international financial center and wants to reach that goal by 2020. The insurance industry lags behind banking and securities though and so plans are underway to change that. One of the initiatives being worked on is the planning of an insurance exchange […]