Ress Life Investments A/S publishes portfolio data for Q3 2019

October 29, 2019
Published: 2019-10-29 07:00:00 CET
Ress Life Investments A/S publishes portfolio data for Q3 2019.

Ress Life Investments A/S
Holbergsgade 14, 2 tv
DK-1057 Copenhagen K
Denmark
CVR nr. 33593163
www.resslifeinvestments.com

To: Nasdaq Copenhagen
Date: 29 October 2019

Corporate Announcement 35/2019

Ress Life Investments A/S publishes portfolio data for Q3 2019

Ress Life Investments A/S hereby publishes portfolio overview for the benefit of the company’s shareholders.

Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB.

Contact person:
Gustaf Hagerud
gustaf.hagerud@resscapital.com
Tel +46 8 545 282 09

As per 30 September 2019, the number of life insurance policies owned is 229. The total face value of the portfolio is 514 million USD. Actual maturities number in the portfolio was 34, while the expected number was 28.95.

Portfolio composition as of 2019-09-30.

Top 10 Carriers Weight % of portfolio value
John Hancock Life Insurance Company USA 12.7%
Lincoln National Life Insurance Company 11.3%
Transamerica Life Insurance Company 7.6%
C.M. Life Insurance Company 6.1%
Protective Life Insurance Company 6.0%
Brighthouse Life Insurance Company 5.2%
Hartford Life And Annuity Insurance Company 4.5%
AXA Equitable Life Insurance Company 3.8%
Pacific Life Insurance Company 3.7%
Jefferson Pilot Life Insurance Company 3.4%

 

Carrier Rating Weight % of face value
A++ 6.7%
A+ 64.9%
A 23.2%
A- 3.4%
B+ 1.5%
B- 0.3%
Top 10 States Weight % of face value
CA 16.2%
FL 13.0%
PA 12.2%
NY 11.6%
IL 4.9%
TX 3.7%
MO 3.6%
OH 3.6%
NV 3.4%
AZ 3.4%

 

Face Group Weight % of face value
100,000-250,000 0.1%
250,000-500,000 3.7%
500,001-1,000,000 11.2%
1,000,001-2,000,000 17.9%
2,000,001-3,000,000 9.0%
3,000,001-5,000,000 25.6%
5,000,001-10,000,000 28.0%
10,000,001-15,000,000 4.6%

 

Age Group Weight % of face value
< 65 1.2%
65 – 69 9.4%
70 – 74 16.6%
75 – 79 21.4%
80 – 84 30.9%
85 – 89 15.5%
90 < 5.0%

 

Gender Weight % of face value
Female 23.8%
Male 76.2%


Ress Life Investments AS – Company Announcement 35-2019