YCB Pension enter longevity hedge with Pacific Life Re
Yorkshire and Clydesdale bank Pension scheme enter into longevity hedge with Pacific Life Re vi Zurich Assurance
Source: actuarialpost.co.uk
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Yorkshire and Clydesdale bank Pension scheme enter into longevity hedge with Pacific Life Re vi Zurich Assurance
Global insurer Zurich and life, longevity and annuity focused reinsurance firm Pacific Life Re have delivered a £1.6 billion longevity swap arrangement
The Yorkshire and Clydesdale Bank (YCB) Pension Scheme has entered into a £1.6bn longevity hedge with Pacific Life Re via Zurich Assurance.
An unnamed UK pension scheme sponsored by a Fortune 500 company has completed a £1bn longevity swap.
The deal was MetLife’s first longevity swap of UK pension scheme liabilities.