Prudential completes first longevity insurance deal with UK firm

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US/UK - Prudential Retirement has completed its first longevity reinsurance transaction with UK-based Rothesay Life.

Under the terms of the transaction, Prudential Retirement will provide reinsurance of longevity risk to Goldman Sachs subsidiary Rothesay Life, initially covering pension account values of £100m ($...

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Chris Panteli

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