Munich Re to enter longevity de-risking market

Munich-Re-Headoffice

Munich Re, the world's second-largest reinsurer by premiums written, is poised to enter the longevity de-risking market, further swelling the number of high-profile companies offering this product.

Currently, 4% of Munich Re's net premium income is related to longevity transactions, in contrast to 68% for mortality risk, giving the reinsurer a potential diversification benefit in expanding its holdings of the former risk. In an interview with Life & Pension Risk, Panagis Charissiadis, deputy he