Author: Greg Winterton

Coventry is injecting an additional $300m into program that enables policyowners to sell their Universal Life insurance policy in as little as one week.

McLaren has almost two decades of experience in financial services, including over fifteen years of business development and management experience directly related to life settlements.

Industry leaders speaking at the Secondary Life Markets Conference 2024 paint a picture of optimism as the year enters the home stretch.

A new report from Swiss Re suggests that excess mortality may continue to remain higher then pre-pandemic levels unless action is taken.

The Pension Protection Fund’s proposed levy of £100m equals that of 2024/25, the lowest ever.

Prudential, IBM enter into $6bn group annuity contract, insuring retirement benefits for 32,000 retirees.

Canadian softwood lumber GreenFirst Forest purchases group annuity contract that transfers C$26.5m of defined benefit pension obligations to a Canadian insurer.

Dutkiewicz joins WTW from Aon, where he served as Global Head of Life for its Reinsurance Solutions business.

Charities Aid Foundation Pension Scheme insures pensioner liabilities via a bulk purchase annuity transaction with Just Group.

Equity Release mortgage securitisations carry a range of benefits for institutional investors when compared to standard residential mortgage-backed securities (RMBS).   Reverse mortgage securitisations involve deferred payment of interest and principal along with low loan-to-value security risk, often offering higher risk-adjusted yields compared to standard RMBS. Since reverse mortgages are typically not repaid until the borrower sells the home, moves out permanently, or passes away, the risk of early repayment (which can affect returns in RMBS) is generally lower, making cash flow more predictable. Another is that reverse mortgages usually have longer durations because they are not amortising monthly like typical…