UK life insurer Legal & General (L&G) has completed its second longevity insurance deal, which covers £3.2bn of pension obligations, and has reinsured 70 percent of the transaction with Hannover Re.
UK life insurer Legal & General (L&G) has completed its second longevity insurance deal, which covers £3.2bn of pension obligations, and has reinsured 70 percent of the transaction with Hannover Re.