Uniq longevity risk reinsured in £423m deal
Rothesay Life has reinsured the longevity risk it secured from the Uniq Pension Scheme through a £423m deal with US-based firm Prudential Retirement.
The American firm said the deal secured the retirement benefits of about 20,000 of the Uniq scheme, who are insured by Rothesay Life through a £830m buy-in policy. The reinsurance deal covers the risks...
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