Xpect Data and Index for Insurer and Re-insurer

Insurers and reinsurers offering life policies have longevity risks in their liabilities. IFRS and prospectively Solvency II regulations will force them to also report the longevity risk within their fiscal period separately, as other risks. Therefore, detailed and actual data about longevity changes are essential to evaluate the reserves. Solvency II capital relief potential is a strong driver for insurers and reinsurers in transferring portions of their longevity risks to the capital markets. With Xpect®, insurers are able to evaluate longevity risks on a monthly basis and decide to transfer these risks based on financial products on Xpect Indices.

Xpect Data also supports product management in developing new insurance products by evaluating the longevity risks and changes on a monthly basis. Therefore, Xpect Data is the ideal complement to actuarial life tables provided by national actuaries associations for seven or more years periods.

Xpect Data and Indices are available for Germany, the Netherlands, England and Wales. Other countries will follow.