Prudential Insurance Company of America (PICA) has agreed to reinsure around $1.2bn (£900m) of Pension Insurance Corporation's (PIC) longevity risk.
Prudential has sold £12bn in annuity assets to reinsurance business Rothesay Life as part of its M&G demerger announced today.
Aon has appointed Mike Edwards as a partner in its risk settlement team to support the growth of its business offerings in the UK.
This week's top stories include articles about the CMI's latest mortality projections model and its accompanying report, which show a clear trend in life expectancy.
One of the curiosities of Carillion's failure was how shareholders in the firm seemingly failed to notice the firm's demise.
Hymans Robertson has appointed Michael Abramson as a partner and risk transfer specialist to grow its risk reduction offerings.