MMC UK Pension Fund completes £2bn longevity swap
Reinsurance News - Nov 17, 2023
Mercer, a subsidiary of Marsh McLennan and an advisor to the MMC UK Pension Fund Trustee Limited, has announced the completion of a longevity hedge covering approximately £2 billion of liabilities, backed by German reinsurer Munich Re. This is the first longevity swap to include active members, and...
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