BT Pension Scheme Completes £5 Billion Longevity Swap
The BT Pension Scheme is one of the UK’s largest private sector pension schemes with over a quarter million members and £47 billion in assets. BT Pension had entered into a longevity reinsurance arrangement with Reinsurance Group of America, Incorporated (RGA). The transaction protects BT Pension from the cost of unexpected increases in the life…
United States United Kingdom Gemma Ferris Otto Thoresen Eversheds Sutherland Global Financial Solutions
Source: swfinstitute.org