Longevity swap market expands after record year
Jack Jones looks at the year ahead in longevity transactions
The flurry of transactions announced in December made 2013 a bumper year for longevity swaps.
Three big deals (see below) took the value of liabilities covered in the year to just under £9bn. Early indications are that 2014 will see more of the same with insurers reporting strong pipelines,...
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