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.
Japan’s FSA on steering insurers through the new life map
From new solvency standards and high-profile scandals to the rapid growth of AIR, Japan’s FSA faces a shifting insurance landscape. Life-Re spoke with the regulator to understand the key challenges it faces.
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.
Tobias Lindhe, CEO, Handelsbanken Liv and Deputy Chair of Insurance Sweden, talks about the innovations in the Swedish life market and how the rest of Europe is increasingly paying attention to the country’s progressive life insurance model.
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.
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.
From new solvency standards and high-profile misselling scandals to the rapid growth of asset intensive reinsurance, Japan’s Financial Services Agency faces an unprecedented regulatory landscape. Life-Re spoke with the regulator to understand the key challenges reshaping the market.
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 outlookÂ