Rolls-Royce longevity swap highlights growing cross-border appetite of reinsurers
US insurers' mortality exposure encourages diversification with UK longevity risks
Increasing instability within the financial markets, combined with a growing appetite for longevity risk from reinsurers, are set to provide an attractive environment for longevity swap transactions in 2012, according to market experts.
The predictions come in the wake of the completion of a £3 billion longevity swap between Rolls-Royce and Deutsche Bank. The transaction will see Deutsche Bank hedge the longevity exposures of the scheme, passing on the risk to a syndicate of reinsurers.
In
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