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

21 May 2012

Scor sets EUR110mn longevity goal

10 February 2011

French reinsurer Scor hopes that longevity risk business will make up about three percent of the firm's global life premiums within three years, according to reports.

The head of Scor's global life business, Gilles Meyer, told Bloomberg that longevity risk should bring in about EUR110mn in premiums by 2013.

Meyer said demand for longevity swaps - which can be used by pension funds to hedge themselves against the risk of their members living longer than expected - was rising.

Meyer...

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