Ress Life Investments A/S publishes portfolio composition

October 19, 2022
Published: 2022-10-19 03:25 CET
Ress Life Investments A/S
Holbergsgade 14, 2 tv
DK-1057 Copenhagen K
Denmark
CVR nr. 33593163
To: Nasdaq Copenhagen
Date: October 19 2022Corporate Announcement 37/2022

Ress Life Investments A/S publishes portfolio composition

Ress Life Investments A/S hereby publishes a portfolio overview as of 30 September 2022 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 2022, the number of life insurance policies owned is 495. The total face value of the portfolio is USD 1 250 million.

Portfolio composition as of 2022-09-30

Top 10 Carriers Weight % of portfolio value
John Hancock Life Insurance Company USA 17.8%
Lincoln National Life Insurance Company 16.9%
Transamerica Life Insurance Company 4.7%
AXA Equitable Life Insurance Company 4.7%
Brighthouse Life Insurance Company 4.3%
C.M. Life Insurance Company 4.0%
American General Life Insurance Company 4.0%
Talcott Resolution Life and Annuity Insurance Company 3.4%
Protective Life Insurance Company 3.1%
Pacific Life Insurance Company 3.1%
Carrier Rating Weight % of face value
A++ 10.1%
A+ 57.2%
A 26.0%
A- 1.5%
B++ 3.7%
B+ 0.0%
B 0.7%
B- 0.0%
C++ 0.9%
Top 10 States Weight % of face value 
CA 13.4%
FL 13.2%
NY 6.7%
OH 6.6%
TX 6.4%
PA 5.9%
AZ 5.4%
NJ 3.7%
IL 3.3%
GA 3.1%

 

Face Group Weight % of face value  
100,000-250,000 0.2%
250,001-500,000 2.8%
500,001-1,000,000 10.3%
1,000,001-2,000,000 13.2%
2,000,001-3,000,000 10.0%
3,000,001-5,000,000 22.9%
5,000,001-10,000,000 29.3%
10,000,001-15,000,000 5.0%
15,000,001- 6.3%
Age Group Weight % of face value
< 65 11.2%
65 – 69 11.2%
70 – 74 16.7%
75 – 79 22.0%
80 – 84 13.7%
85 – 89 14.1%
90 – 94 9.3%
95 < 1.7%
Gender Weight % of face value
Female 16.3%
Male 64.0%
Joint 19.7%

DISCLAIMER This information does not constitute or form part of either an invitation, offer or recommendation. Neither Resscapital nor any of their respective directors, officers, employees or any other person makes any promise as to the fairness, accuracy or completeness of this information, or of any other information or opinions, whether written or oral, that have been prepared or furnished by Resscapital. Without prejudice to the foregoing, neither Resscapital, nor any of their respective directors, officers, employees or advisers nor any other person shall be liable for any loss or damage (whether direct, indirect or consequential) suffered by any person as a result of relying on any statement in or omission from this information. The information should not be construed as legal, financial, accounting, tax or other advice.

Ress Life Investments AS – Company Announcement 37-2022