Rothesay Life buys £6bn annuity portfolio from Aegon

Kristian Brunt-Seymour
clock • 1 min read

Aegon has sold a £6bn UK annuity portfolio to Rothesay Life in a bid to focus on expanding its investment platform.

The purchase represents two-thirds of Aegon's annuity portfolio - representing some 187,000 policyholders. The transaction has been structured initially as a reinsurance contract and is expected...

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Kristian Brunt-Seymour
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