Browsing: Longevity Risk

The Life Insurance Settlement Association (LISA) is refining its mission and vision for the future and to develop an actionable plan to achieve those goals.

Arguably, the US life insurance industry had a strong 2023 from a balance sheet perspective. Asset growth outpaced liability growth, and policy reserves grew as well and the legacy of the Covid-19 pandemic would appear to be diminishing.

Life Risk News Q&A: Cobus Daneel, Chair, Continuous Mortality Investigation Projections Committee, shares what is top of mind in the mortality actuarial world as we look ahead to 2025.

Longevity swap market has not gone the way of the dinosaurs just yet.

Total US single-premium pension risk transfer premium was $14.2Bn in the third quarter.

The buy-in covers 853 pensioners and dependents and 3,368 deferred members.

Transaction insures the benefits of all scheme members comprising 32 pensioner members and 22 deferred members.

The transaction secures the benefits of all 611 scheme members, comprising 416 pensioners and dependants as well as 195 deferred members.

The arrangement provides long-term protection to MNRPF against costs resulting from pensioners or their dependants living longer than expected and enhances security for MNRPF members.

2024 edition shows the strong net funding position of the universe of defined benefit pension schemes has remained largely stable over the past year.