Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

Hannover: “longevity will drive reinsurance market growth”

15 March 2010

Ulrich Wallin, CEO of Hannover Re has predicted that the longevity risk transfer market will be key to growth for property and casualty reinsurers.

Speaking in London on 12 March, Wallin commented: "longevity will be one of the growth drivers in the reinsurance market in the coming years".

Referencing the BMW transaction in which the German car-maker transferred almost £3bn of longevity risks out of its UK pension fund to a consortium of reinsurers, Wallin said that good margins made...

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