Longevity Shortfall Insurance
Insured Protection on Longevity Linked Securities
Trident's Longevity Shortfall Insurance takes on the risk of an insured living beyond what is expected by actuaries and medical underwriters. In a portfolio of Life Settlements we assure liquidity at maturity by paying the active life policy's death benefit at a specific future date. In pensions we assure the continued payment of benefits through the life of the pensioner.
Effectively Manage Risk in Life Settlements
Longevity Shortfall elevates an investment in life settlements to a higher quality fixed-term transaction with a credit rated insurance company as the liquidity provider to pay the net death benefit on non-monetized life policies . We will agree, even before you acquire life settlement policies, that at future date we will pay an amount equal to the life policy net death benefit if a life insurance policy has not matured. Our insurance cover provides an enhanced credit rating of "A-" or better issued by Kroll Insurance Rating Service. Longevity Shortfall contractually mitigates the Longevity exposure in Life Settlement portfolio at a future date certain.
Improving Outcomes in Pensions
Similar to life settlements, a defined benefit pension has an unknown liability because the pensioners are living longer than what was actuarial calculated. Our participation provides key liquidity to overcome the financial impact of pensions assets not meeting the obligations of the employer.
Trident Global Strategies - History
2011
Trident Risk Strategies LLC forms as a Insurance Brokering and Risk Management Consultative practice
2013
Expanded from commercial specialty insurance Brokering to Structuring Agent to include Insurance Linked Security structures and collateralize reinsurance
2014
Formalized the first rated insurer backed, Longevity Contingent and Mortality Rated Risk as a new market opportunity
2016
Formalized the insurance program "Longevity Shortfall" to take Longevity risk inherent in portfolios of Life Settlements.
History
2019
Longevity Insurance for life settlements is backed by U.S. based Insurers as a IRS 935(d) exempt company to reflect our ability to structure and manage longevity risk on behalf of investors around the globe.