L&G completes £1.6bn buy-in with BP Pension Fund

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Reinsurance News - Sep 25, 2025

UK insurer Legal and General Assurance Society Limited (L&G) has completed a £1.6 billion buy-in with the BP Pension Fund, marking the first transaction for the £18 billion Fund. The two parties collaborated closely on the deal, including agreeing on terms designed to further strengthen the secu...

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