Longevity swap market heading for crunch if insurers target US
Reinsurers could run out of capacity to hedge UK schemes' longevity risk if they turn their attention to more lucrative US and Canadian markets, warns PwC.
The consultant predicted the UK market for longevity swaps could triple over the next three years and said schemes on the other side of the Atlantic were starting to explore the option. PwC said this...
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