Europe’s need for AIR

Asset intensive reinsurance (AIR) has taken hold in life markets around the world. Europe, though, is a different story. But does Europe really need AIR?

Life-Re Europe 2026 round-up

Life-Re Europe held its first event in April. From longevity to reinsurance, assets to regulations, the forum covered a manifold range of key topics for the European life insurance market.

The Regulators Angle

Regulatory certainty is key to a flourishing life reinsurance market. At Life-Re Europe, regulators showed receptivity to this newly emerging market development.
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.
Japan’s AIR makeover
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?

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