Rothesay Life has revealed it agreed a deal to hedge £300m of longevity risk in December, taking the value of benefits reinsured by the firm over the year to £2.8bn.
The latest deal, struck with US reinsurer Prudential Retirement, covers 25,000 individual policies. It comes after £1bn deals with Prudential Retirement (PP Online, 12 August 2014) and Pacific R...
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