KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.
Through its LILY platform, Coventry structures longevity-linked assets into investment-grade ABS designed to emphasise durable collateral and predictable cash flows that are generally uncorrelated with traditional markets.
Since April 2025, the LILY programme has completed US$750 million in asset-backed notes across three securitisations, establishing a repeatable, programmatic issuance platform for institutional scale. (US$1=RM3.88)
In a statement, Coventry Chief Executive Officer, Reid Buerger said the life insurance-backed asset class is entering a new phase of institutional maturity, and the company has established a programmatic securitisation platform grounded in disciplined underwriting, actuarial rigour, and consistent capital markets execution.
“Our objective is to establish a durable infrastructure that supports sustained issuances and long-term market development. SFVegas provides an important forum to engage with structured finance leaders as longevity-linked assets become an increasingly established component of institutional portfolios,” added Buerger.
Coventry’s presence at SFVegas reflects the continued development of longevity-linked ABS as a distinct segment within structured credit, bringing together scaled life insurance policy origination, actuarial analytics, and institutional-grade securitisation infrastructure to support LILY’s ongoing expansion.
As institutional demand for differentiated, uncorrelated assets continues to grow, Coventry will meet with capital providers, rating agencies, and distribution partners to discuss the expansion of the LILY platform and the broader evolution of longevity-linked ABS.
Guided by a longstanding commitment to consumer rights and market integrity, Coventry leverages its leadership position to raise industry standards, expand consumer choice, and responsibly develop institutional-quality life insurance-backed investment solutions.
-- BERNAMA
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