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BarCap revives life insurance

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Barclays Capital has attempted to revive the ailing life insurance securitisation market with a £250 million securitisation of part of UK insurer Aegon Scottish Equitable's life portfolio.

Completed on July 18, the privately placed value-in-force (VIF) deal is thought to be the first transaction to be completed in the market for some time. "The current market isn't really open for people to raise

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