Ress Life Investments A/S publishes portfolio data as per 30 September 2020

November 4, 2020
Published: 2020-10-04 17:30 CET
Ress Life Investments A/S
Holbergsgade 14, 2 tv
DK-1057 Copenhagen K
Denmark
CVR nr. 33593163
To: Nasdaq Copenhagen
Date: 4 November 2020

Corporate Announcement 40/2020

Ress Life Investment A/S publishes portfolio data as per 30 September 2020

Ress Life Investment 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 2020, the number of life insurance policies owned is 330. The total face value of the portfolio is 838 million USD. Actual total number of maturities in the portfolio was 48, while the expected number was 41.3.

Portfolio composition as of 2020-09-30

Top 10 Carriers Weight % of portfolio value
Lincoln National Life Insurance Company 14.2%
John Hancock Life Insurance Company USA 14.0%
C.M. Life Insurance Company 8.9%
Transamerica Life Insurance Company 8.4%
Brighthouse Life Insurance Company 5.4%
Talcott Resolution Life and Annuity Insurance Company 4.6%
Protective Life Insurance Company 4.6%
Equitable Life Insurance Company 4.0%
Pacific Life Insurance Company 2.8%
American General Life Insurance Company 2.3%
Carrier Rating Weight % of face value
A++ 8.1%
A+ 55.2%
A 28.4%
A- 2.3%
B++ 4.2%
B+ 1.0%
B- 0.3%
C++ 0.6%
Top 10 States Weight % of face value  
CA 13.8%
FL 11.3%
NY 9.7%
PA 8.1%
TX 5.6%
OH 5.1%
AZ 4.9%
IL 4.8%
MO 4.5%
NJ 3.6%

 

Face Group Weight % of face value  
100,000-250,000 0.1%
250,001-500,000 3.2%
500,001-1,000,000 9.3%
1,000,001-2,000,000 14.1%
2,000,001-3,000,000 10.4%
3,000,001-5,000,000 26.0%
5,000,001-10,000,000 27.9%
10,000,001-15,000,000 7.2%
15,000,001- 1.9%
Age Group Weight % of face value
< 65 5.5%
65 – 69 13.0%
70 – 74 17.6%
75 – 79 17.6%
80 – 84 27.3%
85 – 89 12.7%
90 – 94 5.8%
95 < 0.6%
Gender Weight % of face value
Female 19.1%
Male 65.0%
Joint 16.0%

Ress Life Investments AS – Company Announcement 40-2020