Swiss Re has launched a $50 million longevity trend risk securitization. The issue will track a trend in data for males age 75-85 in the England and Wales and males aged 55 to 65 in the U.S. Observers say the bond could mark the beginning of a revival of short-term index-based securitizations. The data used come from the U.K.’s Office for National Statistics and the U.S. Centers for Disease Control and Prevention.
