All year there had been talk of monetization being a big story among UK insurers. Legal and General has been long rumoured to have mandated a structuring mandate and Standard Life was looking at both new business strain and value in force (VIF) structures before being overwhelmed with the process of demutualization. There has been talk of VIF securitizations coming from France and the Netherlands.
However, some originators argue that the cost effectiveness of this approach is far from proven and question whether the six months or so spent working on structures is worth it.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
