Insurers and reinsurers are making their presence felt in the longevity swap market. In January, Legal & General (L&G) undertook its first longevity swap transaction, confirming a £1 billion deal with Pilkington Superannuation Scheme. Later in the year, Swiss Re signed its first longevity swap deal for three years, with a £1.4 billion transaction with the pension scheme of Dutch chemicals group AkzoNobel.
Other insurers and reinsurers are also looking at opportunities to take on the longevity ri
The week on Risk.net, December 2–8, 2017Receive this by email