Ress Life Investments A/S
Nybrogade 12
DK-1203 Copenhagen
Denmark
CVR nr. 33593163
resslifeinvestments.com
To: Nasdaq Copenhagen
Date: 17 April 2024
Corporate Announcement 15/2024
Ress Life Investments A/S publishes portfolio composition for Q1 2024
Ress Life Investments A/S hereby publishes a 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
Note: The terms for subscription of shares, minimum subscription amount and redemption of shares are provided in the Articles of Association, Information Brochure and in the PRIIPS KIID documentation available on the Company's website, www.resslifeinvestments.com.
As per 27 March 2024, the number of life insurance policies owned is 401. The total face value of the portfolio is USD 1.2 billion.
Portfolio composition as of 2024-03-27
| Top 10 Carriers | Weight % of portfolio value |
| John Hancock Life Insurance Company USA | 16.3% |
| Lincoln National Life Insurance Company | 16.1% |
| AXA Equitable Life Insurance Company | 5.8% |
| American General Life Insurance Company | 4.3% |
| Brighthouse Life Insurance Company | 4.3% |
| Pruco Life Insurance Company Inc | 4.2% |
| Protective Life Insurance Company | 3.2% |
| Pacific Life Insurance Company | 3.2% |
| Transamerica Life Insurance Company | 3.0% |
| New York Life Insurance and Annuity Corporation | 2.9% |
| Carrier Rating | Weight % of face value |
| A++ | 8.4% |
| A+ | 43.6% |
| A | 43.0% |
| A- | 0.1% |
| B++ | 4.2% |
| B+ | 0.0% |
| B | 0.0% |
| B- | 0.2% |
| C++ | 0.5% |
| Top 10 States | Weight % of face value |
| FL | 14.7% |
| CA | 12.5% |
| NY | 7.4% |
| PA | 6.4% |
| TX | 5.9% |
| AZ | 5.0% |
| MA | 4.7% |
| MO | 4.3% |
| OH | 4.3% |
| NJ | 3.5% |
| Face Group | Weight % of face value |
| 100,000-250,000 | 0.2% |
| 250,001-500,000 | 1.5% |
| 500,001-1,000,000 | 8.7% |
| 1,000,001-2,000,000 | 13.5% |
| 2,000,001-3,000,000 | 10.0% |
| 3,000,001-5,000,000 | 20.9% |
| 5,000,001-10,000,000 | 28.2% |
| 10,000,001-15,000,000 | 6.8% |
| 15,000,001- | 10.1% |
| Age Group | Weight % of face value |
| < 65 | 6.3% |
| 65 – 69 | 12.8% |
| 70 – 74 | 24.6% |
| 75 – 79 | 20.9% |
| 80 – 84 | 16.5% |
| 85 – 89 | 8.9% |
| 90 – 94 | 8.1% |
| 95 < | 1.9% |
| Gender | Weight % of face value |
| Female | 13.4% |
| Male | 60.4% |
| Joint | 26.3% |
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.
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