Life reinsurance

ILS managers can differentiate themselves by offering cover for "non-cat catastrophe" risks, according to Aon Benfield's Jonathan Davies.

The International Bank for Reconstruction and Development (IBRD) has raised the target size of its first pandemic cat bond from $100mn to potentially as high as $400mn, according to Trading Risk sources.

The support provided by London ILS manager Leadenhall Capital Partners to life insurance start-up Gryphon Group Holdings is connected to an embedded value (EV) transaction, Trading Risk understands.

Leadenhall Capital Partners is a key investor in start-up Gryphon Group Holdings, which plans to take a technology-focused approach to delivering life insurance products.

A significant drop in social and healthcare spending in the UK is now thought to be the cause of a slowdown in mortality improvement, which has led the longevity swap market to stall.

Scor has appointed Wolfgang Murmann to the new role of head of longevity for Europe (excluding the UK), the Middle East and Africa, the company confirmed today