Our Proposition
Our Financial Reinsurance team deliver solutions to UK, offshore UK and Irish life insurers. We are adept at meeting a wide range of needs associated with the capital and tax management of long-term insurance business.
Our relationship with insurers is underpinned by achieving a thorough understanding of their financial position so we can ensure that the solutions we provide add maximum value. Our involvement with, and intrinsic understanding, of primary insurance enables us to understand your needs and aspirations.
For example we completed a £200m facility cash financing treaty with a FTSE 100 listed insurance group covering both in-force business and future new business. We incorporated an innovative trust component to minimise client credit risk, sharing the benefits of this with the insurer in the pricing terms.
Benefits to you
Munich Re's financial reinsurance proposition can help to:
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Increase statutory free capital and to improve capital efficiency
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Monetise non-cash assets (e.g. value in force) and generate liquid capital resources
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Enhance the embedded value of in-force business and the value added by new business
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Improve the IRR on which new business is written
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Improve tax efficiency
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Reduce retained insurance risk and risk-based capital requirements
If you would like to discuss the various options open to you either speak to your Business Development Manager or call us on 0207 718 1436.