Swiss re

A liquid capital market in longevity risk must be created to ensure there is sufficient capacity to meet demand from schemes, argues Swiss Re.

Blackrock has acquired the European private equity and infrastructure fund of funds arm of Swiss Re and entered into a strategic agreement with the re-insurance house.

The £1.4bn Akzo Nobel longevity swap completed last week is predicted to be the first in a wave of transactions in 2012 and 2013.

The Akzo Nobel (CPS) Pension Scheme has agreed a £1.4bn transaction with Swiss Re to hedge the longevity risk for 17,000 pensioner members in the first longevity swap announced this year.

Mortality assumption calculations need a radical overhaul to give schemes and capital markets a better understanding of the factors that affect them, a report argues.

Swiss Re has transferred $50m (£32m) of longevity trend risk to the capital markets through a securitisation with Kortis Capital.

A year on from the first UK pension scheme longevity swap, Laura Blows finds out what's been happening in the market

Government should look to use public-private partnerships to address taxpayer exposure to defined benefit longevity risk, Swiss Re says.