Swiss Re's niche: 'we bet your life': how 'longevity trades' help insurers funding extended retirements
Article Abstract:
Swiss Reinsurance Co. plans to enter into the increasing trade in pension accounts and annuities, known as the longevity risk market, through a deal with British firm Friends Provident. Customer service and administration will be managed by Friends Provident, and Swiss Re will cover future payments.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Hannover Re net profit rises 7.5%
Article Abstract:
Hannover Re AG announces a 7.5% fourth-quarter net profit rise to $221.2 million in 2007. Article discusses the reinsurer's paid claims, stock value, and expected earnings in 2008.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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