Asset-Intensive Reinsurance: Evolving Perspectives in Life Insurance Risk Management

Asset-Intensive Reinsurance (AIR) has become an increasingly important feature of the global life insurance industry. Driven by the growth of retirement products, longer-duration liabilities, evolving solvency frameworks, and changing investment markets, AIR is attracting growing attention from insurers, actuaries, and risk professionals worldwide.

While AIR is often associated with capital management, its applications extend beyond capital relief. AIR can support insurers in managing long-term liabilities, improving asset-liability matching, stabilizing earnings, and enhancing balance-sheet flexibility. It also introduces important considerations, including counterparty exposure, collateral arrangements, and governance.

This webinar provides an overview of AIR and its growing role in the life insurance sector. The session will explore the key drivers behind AIR transactions, how risk profiles change through reinsurance, and the practical considerations involved in evaluating and managing such arrangements. It will also discuss recent supervisory perspectives and consider the implications for insurers operating in an increasingly complex risk environment.

Through practical discussion and an illustrative case study, participants will explore some of the key opportunities, risks, and practical considerations associated with AIR in today's life insurance industry.