Longevity 18 Sponsors
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with more than $1.4 trillion in assets under management as of December 31, 2022, has operations in the United States, Asia, Europe, andPrudential Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for more than a century.
PFI is an award-winning provider of pension risk transfer solutions focused on securing long-term pension obligations for individuals around the world. PFI specialises in buy-ins and buyouts in the United States and reinsurance transactions globally, including longevity reinsurance and funded reinsurance. PGIM, the global asset management business of PFI, is a top-ten institutional asset manager worldwide and manages assets for PFI’s insurance and reinsurance contracts.
Prudential Financial, Inc. of the United States is not afﬁliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
Club Vita’s mission is to improve later life financial well-being by promoting awareness of longevity risk and making its management transparent and efficient.
We work primarily with workplace pension funds in the UK, Canada and the US. On their behalf, we facilitate the accumulation and pooling of data underlying the longevity patterns of retirees with annuity benefits. Club member pension funds and their advisors use our analytics to understand their emerging longevity patterns, to drive more informed strategic decisions and to embed best-practice risk-management into their governance frameworks. We also support financial institutions that manage longevity risk: insurers, reinsurers and asset managers, helping them offer attractive longevity risk protection products in a tech-enabled, efficient manner. Our current community includes 400 pension funds, 7 pension advisory firms and 25 (re)insurers. Across our three clubs, we are tracking the survival patterns of a diverse population of over five million people with benefits in workplace pension plans.
Club Vita was born in the UK in 2008. Our systems and processes were designed by a multi-disciplinary team, with a shared passion for “allowing the data to do the talking” by combining modern technology and statistical techniques. Following a successful UK launch, we went on to build similar communities in Canada (2015) and in the United States (2019).
For 75 years, Milliman has combined technical expertise with business acumen to create innovative solutions for our clients.
Our guidance and advanced technology solutions empower leading insurers, healthcare rganizations and employers to protect the health and financial well-being of people everywhere.
Today, we are helping organizations take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.
Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsuranceand financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA celebrates its 50th anniversary in 2023. Over the past five decades, RGA has become one of the world’s largest and most respected reinsurers and is listed among Fortune’s World’s Most Admired Companies. The global organization is guided by a fundamental purpose: to make financial protection accessible to all. RGA is widely recognized for superior risk management and underwriting expertise, innovative product design, and dedicated client focus. RGA serves clients and partners in key markets around the world and has approximately $ $3.4 trillion of life reinsurance in force and assets of $84.7 billion as of December 31, 2022. To learn more about RGA and its businesses, visit www.rgare.com. Follow RGA on LinkedIn and Facebook.
Hannover Re, with gross premium of more than EUR 27 billion, is the third-largest reinsurer in the world. It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with more than 3,000 staff. Established in 1966, the Hannover Re Group today has a network of more than 170 subsidiaries, branches and representative offices worldwide. Hannover Re has started the reinsurance of longevity risks already in the last millennium with the introduction of underwritten annuities in the UK. Since then the company has reinsured around EUR 40 billion in longevity business mainly in the UK and Continental Europe and is also very active in all other continents in the northern and southern hemisphere. The Hannover Re Group offers various structures for the transfer of longevity risks whether as a reinsurance treaty or financial instrument.