Assessing future life expectancy and predicting long-term asset returns can be challenging. Â鶹´«Ã½ brings together actuarial science, medical expertise, and decades of experience to manage risks associated with life annuities and pension obligations with precision, flexibility, and foresight.
Longevity risk is a key component of any product offering that guarantees some form of lifetime income, yet this long-term risk can be difficult to diversify and assess amid medical advances and lifestyle changes. Longevity risk transfer can achieve several outcomes:
Insurance portfolios with embedded longevity risk take decades to run off and can consume a significant proportion of an insurer's risk and/or capital budget. Reinsurance solutions enable Â鶹´«Ã½'s partners to exit business lines, rebalance desired risk profiles, and recycle capacity into different or new ventures.
While a buy-out and full termination may be the end goal of any pension plan's exit strategy, there are several intermediate options available to plans that wish to take steps in their de-risking process. Longevity risk transfer is a popular choice to offload an otherwise non-hedgeable risk, stabilize liability profiles, and simplify investment strategies. Unlike a plan termination, Â鶹´«Ã½'s longevity de-risking solutions do not require fully funded status.
Â鶹´«Ã½ supports insurance carriers' new business ambitions by enhancing their capacity to pursue more and/or bigger projects and diversify risk exposures. Â鶹´«Ã½, as a partner, offers pricing technology and risk management expertise. The solutions developed meet a combination of capital management, new business production, and risk transfer needs.
Â鶹´«Ã½ aims to be your partner of choice and longevity expert. We have access to biometric insights that translate into real competitive advantage.
We combine deep technical expertise and local market knowledge with global best practices. Every transaction is designed to meet your specific capital, risk, and strategic goals.
We enable partners to exit business lines, rebalance portfolios, and recycle capacity with confidence.
Â鶹´«Ã½ executed its first longevity reinsurance transaction in 2008 in the United Kingdom. Since then, we have completed 40+ deals.
Â鶹´«Ã½¡¯s diversified global business model and consistent financial performance provide clients with confidence and security, making us a trusted long-term partner through economic cycles.
We are a global market leader in addressing longevity and pension risk transfer needs from traditional insurance companies, banks, and pension plans to reinsurers and capital market participants.
Â鶹´«Ã½ is known for its collaborative approach, transparency, and reliability. Long-standing relationships with clients and advisors are built on trust, responsiveness, and results that last.
Â鶹´«Ã½ experts are eager to engage with clients to better understand and address the industry's most pressing longevity and pension risk transfer challenges. Â鶹´«Ã½ provides pension risk transfer annuitants with benefit security, backed by our financial strength. Review our Frequently Asked Questions to learn more.
Â鶹´«Ã½'s experts are eager to engage with clients to better understand and address the industry's most pressing longevity and pension risk transfer challenges.
At Â鶹´«Ã½, we're eager to speak with clients and counterparties. Contact us to learn more about the resources, solutions, and services available.
