Wednesday, December 28, 2005
Swiss Re completes securisation of life insurance policies worth $370M
Swiss Re said that following its first transaction in January this year, it has successfully completed another securitisation of future profits from a portfolio of US life insurance policies worth 370 mln usd. The Swiss reinsurer said that of the 370 mln usd in proceeds, 45 mln usd will go into a reserve fund and 325 mln usd will be paid as a ceding commission to the group.
One of Swiss Res strategic objectives is to increase the amount of insurance risk [made] available to capital market investors...
Forbes: Swiss Re completes securisation of life insurance policies worth 370 mln usd
One of Swiss Res strategic objectives is to increase the amount of insurance risk [made] available to capital market investors...
Forbes: Swiss Re completes securisation of life insurance policies worth 370 mln usd