Browsing: Life Insurance Capital Solutions
Longevity and Mortality Investor’s coverage of life insurance company reinsurance and alternative risk transfer activity.
Chariot Re will reinsure approximately $10bn of liabilities, including structured settlement annuity contracts and group annuity contracts associated with pension risk transfers originated by MetLife.
New report says that Bermuda accounted for over 60% of reserves ceded for L/A transactions effective in 2023 and 2024.
The transaction releases capital resources that Monument will redirect to its core strategy of consolidation in European life insurance markets.
Gokul Sudarsana, Chief Investment Officer of HSCM’s Life strategy and Co-Chief Investment Officer of the Firm’s Re/Insurance strategy.
First transaction in the UK PRT market by Macquarie Asset Management-owned insurer.
The transaction scope includes blocks of in-force structured settlement annuities and secondary guarantee universal life business
RGA is to reinsure $32bn of a diversified mix of life insurance products and expects to deploy $1.5bn of capital into this reinsurance transaction at closing.
Prismic will reinsure approximately $7 billion of reserves backing USD-denominated Japanese whole life insurance policies which were recently originated by Prudential’s Japanese affiliates.
Demand for balance sheet solutions from insurers and supply of capital from asset managers provide market with solid fundamentals to maintain recent activity.
Farsight Partners has finalised an agreement with funds managed by AB CarVal to source and advise on up to $1bn of transactions.