The life insurance market has changed. What was once a slow-moving business is now home to new incumbents, including private equity and alternative asset managers, new investment techniques, including greater involvement with private markets and illiquids, and reinsurance tools such as asset intensive reinsurance, pitching it into an increasingly globalized and interconnected world.
At the same time regulations are evolving as supervisors look to keep up with the shifts in the life market.
Life-Re shines a light on the rapidly-changing developments in the global life re-insurance market. We present interviews and videos with some of the most interesting voices in the business, including insurers, reinsurers and regulators, as well as building events showcasing the newest developments in this sector.
Sompo’s AIR innovation
Japanese insurer Sompo launched a life reinsurer in Bermuda last month. It is an innovative step in the company’s growth and attests to the importance of asset intensive reinsurance for Japan’s insurers.
The Cayman Question
In August, the NAIC came out with surprise news that it was considering a capital charge for the life reinsurance market. It has participants concerned. Central to the story is the Cayman Islands.
The Value of Curiosity
Liane Hirner, CFRO of VIG, has a strong belief in the merits of listening. It is a trait that has helped her navigate the shifts seen in life insurance in recent years, including macro volatility and the advent of trends like PE and asset intensive reinsurance.
Alexandra Jour-Schroeder: a new dawn for EU insurance investment
Europe has an €800bn economic investment gap. Alexandra Jour-Schroeder, Deputy Director-General of DG FISMA, European Commission, says European insurers are going to get more opportunities to bridge this.
Tilo Dresig, CEO, Viridium, offers his perspective on the European life consolidation market and how Viridium is poised to expand into this business.
Emily Eskandari, Assistant Vice President, Client Solutions, Continental Europe, Pacific Life Re, shares her thoughts on the Dutch longevity risk transfer market and opportunities for growth in other European countries.
Simon Woods, CEO Savings & Retirement, Zurich Insurance Group, talks about the outlook for European life insurance and how Zurich is developing its products for a changing market.
Luca Cetrano, Head of Strategic and Tactical Asset Allocation, Assicurazioni Generali, talks about the opportunities in private credit and more for the insurer.
Life-Re’s inaugural Japan event will be held in Tokyo on 16 February. The event will explore key themes in the Japanese life market, including AIR, J-ICS and the international context.
The Japanese FSA’s nuanced overhaul of its asset intensive reinsurance rules has been welcomed by participants as keeping a key capital-management tool intact for the country’s life insurers. So what do the new rules say?
J-ICS: A structural shift in Japan’s life market. The Life-Re webinar examines the impact of the new regulations on all facets of Japan’s life business. Access the on-demand replay above.
Japanese insurer Sompo launched a life reinsurer in Bermuda last month. It is an innovative step in the company’s growth and attests to the importance of asset intensive reinsurance for Japan’s insurers.
- European Life insurance: spotlighting the market
- Back-book consolidation
- Legacy business transformation
- Asset management challenges and opportunities in European life
- Reinsurers and insurers: life risk transfer strategies
- The regulatory outlook