L&G expands risk transfer business to mainland Europe with €200 deal

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Legal and General (L&G) has entered the European pension risk transfer market with a €200m (£146m) transaction with Dutch insurer ASR Nederland NV.

The deal, which follows L&G's entrance into the US market earlier this year, will see the insurer transfer pension obligations to L&G Re, the firm's global reinsurer, in cooperation with Hannover R...

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