RSA: anatomy of a longevity swap

The long game

lynda-whitney-aon

Longevity is a concept that RSA is more familiar with than most. The result of numerous mergers and rebrands over the years, the insurer was set up in 1710 and is now the oldest such firm still trading under its original name. Fast forward three centuries and the London-based insurer was face to face with one of the downsides of having a long history - in 2002, it was closed to new members when its defined benefit pension scheme was under the water to the tune of £300 million, on an FRS 17 basis

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: