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ARTICLE · 02 JUNE 2015

Hedging Longevity Risk

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Ever increasing life expectancy means increased longevity risk for pension schemes and their trustees. Historically, pension scheme trustees have had few options to address this risk which is now often the single biggest risk that trustees and the scheme sponsors face.

GuernseyCorporate/Commercial Law
Konrad Friedlaender
Konrad Friedlaender
Christopher Anderson
Christopher Anderson
Natasha Kapp
Natasha Kapp
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Ever increasing life expectancy means increased longevity risk for pension schemes and their trustees. Historically, pension scheme trustees have had few options to address this risk which is now often the single biggest risk that trustees and the scheme sponsors face. Following on from insurance buy-in or buy-out or hedging solutions, more recently a market has developed for hedging longevity risk through the global reinsurance market.

The use of Guernsey incorporated cell companies (ICCs) and incorporated cells (ICs) has proven to be an innovative and efficient solution for trustees wishing to access the global reinsurance market for purposes of hedging longevity risk by establishing their own captive insurer in Guernsey.

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