Aviva completes £400m bulk annuity deal with Deutsche Bank

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Reinsurance News - Apr 05, 2023

Aviva has completed a £400 million bulk purchase annuity buy-in transaction with the trustees of the DB (UK) Pension Scheme. Aviva will insure the defined benefit pension liabilities for nearly 1,300 members, removing the investment and longevity risk of these members from the Scheme. The companies...

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