Zurich Assurance, PFI complete £1.7bn longevity risk transfer deal with Nationwide Pension Fund
Reinsurance News - Jun 21, 2023
Nationwide Pension Fund has completed a £1.7bn longevity risk transfer transaction with Zurich Assurance and Prudential Financial Inc (PFI), covering the longevity risk for around 7,000 in-pay members in the UK. Under the transaction, which closed in May, the longevity risk of the pension scheme rel...
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