Ress Life Investments A/S Offers Insight into Portfolio Composition
Ress Life Investments A/S, based in Copenhagen, is committed to sharing detailed insights regarding its portfolio composition. This announcement serves to inform shareholders about the company's diverse asset management strategies. Understanding the makeup of our portfolio is essential for investors looking to gauge performance and growth potential.
Current Portfolio Overview
As of December 30, the company holds a total of 378 life insurance policies, with a significant face value of approximately USD 1.1 billion. This substantial portfolio showcases the company's capabilities in managing life insurance assets effectively, ensuring both growth and sustainability in investments.
Top Insurance Carriers in the Portfolio
The foundation of Ress Life Investments A/S’s approach is grounded in a strategic alliance with top-tier insurance carriers. The following are the top 10 insurance carriers that form the crux of our portfolio, contributing notably to the overall value:
Key Carriers and Their Weight in the Portfolio
1. John Hancock Life Insurance Company USA: 16.4%
2. Lincoln National Life Insurance Company: 15.0%
3. AXA Equitable Life Insurance Company: 6.1%
4. American General Life Insurance Company: 4.7%
5. Pruco Life Insurance Company Inc: 4.5%
6. Brighthouse Life Insurance Company: 4.0%
7. Protective Life Insurance Company: 3.8%
8. Pacific Life Insurance Company: 3.7%
9. Transamerica Life Insurance Company: 3.2%
10. Principal Life Insurance Company: 3.0%.
Insurance Carrier Ratings
Understanding carrier stability is important in assessing investment risks. Below are the carrier ratings alongside their weight percentage of the total face value:
A++: 6.8%
A+: 45.8%
A: 42.3%
A-: 0.1%
B++: 4.3%
B+: 0.0%
B: 0.0%
B-: 0.2%
C++: 0.5%.
State Distribution of Life Insurance Policies
Geographical distribution plays a vital role in the company's strategy, affecting risk and returns. Here’s an overview of the top 10 states where the life insurance policies are concentrated:
Top States Driving Insurance Value
Florida: 15.7%, California: 12.4%, New York: 7.6%, Pennsylvania: 6.9%, Texas: 6.3%, Massachusetts: 4.7%, Ohio: 4.4%, Missouri: 3.8%, New Jersey: 3.8%, Arizona: 3.6%.
Face Value Groups of Insurance Policies
The breakdown of face value groups reveals the diversification within the portfolio and signifies the company's strategic aim of risk management:
Distribution by Face Value
100,000-250,000: 0.2%
250,001-500,000: 1.5%
500,001-1,000,000: 8.5%
1,000,001-2,000,000: 13.5%
2,000,001-3,000,000: 10.7%
3,000,001-5,000,000: 21.8%
5,000,001-10,000,000: 29.4%
10,000,001-15,000,000: 7.3%
15,000,001 and above: 7.1%.
Age Group Distribution of Policies
The demographics of insured individuals can greatly inform future investment strategies:
Age Breakdown
<65: 5.5%
65-69: 13.3%
70-74: 23.6%
75-79: 19.6%
80-84: 15.2%
85-89: 12.8%
90-94: 8.0%
95 and older: 2.0%.
Gender Distribution of Policies
Finally, parity in demographic representation is observed in gender distribution among policies, contributing significantly to risk assessment:
Female: 13.7%
Male: 63.1%
Joint: 23.2%.
How to Engage with Ress Life Investments A/S
For any inquiries concerning this announcement or other corporate matters, shareholders and interested parties are encouraged to reach out to Gustaf Hagerud, the AIF-manager of Resscapital AB. He can be contacted via email at gustaf.hagerud@resscapital.com or by phone at +46 8 545 282 09.
Frequently Asked Questions
What is Ress Life Investments A/S's primary business focus?
Ress Life Investments A/S is focused on managing a portfolio of life insurance policies.
How many life insurance policies does the company hold?
The company currently holds 378 life insurance policies.
What is the total face value of the life insurance portfolio?
The total face value of the portfolio is around USD 1.1 billion.
Where are the majority of the policies based?
The top states include Florida, California, and New York.
Who can be contacted for more information?
Inquiries can be directed to Gustaf Hagerud at Resscapital AB.
