At the 2018 Valuation Actuary Symposium, Sheila Harney gave a presentation on how reinsurance can be used as a capital management tool for longevity risk. She addressed buy-ins, buy-outs, swaps, and use of captives in both the European and U.S. Pension Risk Transfer markets.
Reinsurance as a Longevity Capital Management Tool
- AA S&P Rating
- $22.7B (USD) Canada Life Capital and Surplus
- 40 Countries
- $454.8B + assets under management
As of 12/31/24
Canada Life Re #4 of 50 Global Insurers
"Our global rank at #4 is a testament to the efforts of our dedicated team.” Jeff Poulin, CEO Canada Life Reinsurance
Canada Life Reinsurance signs C$1.4-billion co-insurance agreement with Dai-ichi Life
“I am delighted to announce this significant reinsurance transaction which is not only our first with Dai-ichi Life but also our first in the Japanese market.", Gareth Dobson, General Manager and Actuary, Barbados Branch
Insights
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Reinsurance as a Longevity Capital Management ToolAt the 2018 Valuation Actuary Symposium, Sheila Harney gave a presentation on how reinsurance can be used as a capital management tool for longevity risk. She addressed buy-ins, buy-outs, swaps, and use of captives in both the European and U.S. Pension Risk Transfer markets.
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Covid-19 - Pandemic or EndemicDr. Anuj Gupta, MBBS, MBA Senior Underwriting Research Consultant, writes on Covid-19 - Pandemic or Endemic
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Keynote: Underwriting Best PracticesEamon Loughnane spoke at the Mercer Longevity hedging webinar following the execution of the £3.4bn longevity swap of Marsh & McLennan UK pension fund, of which Canada Life Re took on £1.7bn of the pension liabilities