Deutsche Bank agrees £570m buy-in with L&G
Deutsche Bank AG has agreed a £570m pensioner buy-in with Legal & General for the defined benefit (DB) (UK) Pension Scheme.
An existing client of L&G Investment Management (LGIM), the scheme has assets of £4.5bn and a funding surplus, the insurer said, and this deal represents the first step towards a medium-term objective...
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Rothesay agrees £120m buy-in with Reach
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MetLife reinsures $5bn of Rothesay liabilities
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Industry Voice: The bulk annuity market for small schemes
Although 2020 was a challenging year, Aon's Dave Barratt says the bulk annuity market was very resilient, with a well-functioning insurance market, large volumes of business written and 2020 finishing up as the second busiest year on record.
Long-term Covid uncertainty makes longevity hedging more valuable
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Rothesay secures £7bn of pension benefits
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