Browsing: Alternative Risk Transfer
Longevity and Mortality Investor’s coverage of bulk purchase annuity transactions. We are a leading source globally for alternative risk transfer analysis, commentary and insights.
The life & annuity sidecar market in Bermuda has grown almost four-fold to approximately $375bn according to a recent report from ratings agency Morningstar DBRS.
Bermuda and, to a lesser extent, the Cayman Islands, have gained popularity among ceding companies amid increased demand for retirement solutions.
The transaction follows the company’s prior block transactions and two flow transactions in Japan.
Proposed transaction is expected to complete in mid-2027, subject to regulatory approvals.
Bermuda-domiciled reinsurance sidecar has closed an approximately $1bn capital raise.
Total ceded reserves to sidecars or entities engaged in sidecar-like activity increased to more than $90bn in 2025 from $55bn in 2023.
Hannover Re will continue as a key shareholder and remains committed to Monument and Sixth Street’s strategy for the business moving forward.
UK regulator the Financial Conduct Authority is currently conducting a later life lending market study which will be published later this year.
Deal covers in-force whole of life policies and will help Anshin Life reduce its portfolio’s long-term interest rate risk.
Recent regulatory and macroeconomic developments set to drive increased options for capital markets investors to work with the Japanese life insurance industry.