Barclays closes £7 billion UK longevity transaction with Aon as lead advisor

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Reinsurance News - Dec 16, 2022

The Trustee of the Barclays Bank UK Retirement Fund has insured £7 billion of liability against longevity risk, with reinsurance provided by an insurance subsidiary of Prudential Financial Inc. Global professional services firm Aon acted as lead advisor on the transaction, while Allen & Overy pr...

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