Zurich and Mercer complete £300m longevity hedge swap

James Phillips
clock • 2 min read

Zurich has completed a £300m longevity hedge swap with an undisclosed pension scheme of a small firm, marking its fifth such deal in 13 months.

The "named life" deal advised by Mercer reinsured 80% of the longevity hedge through SCOR, while Zurich retained 20%. It means that Zurich has now helped small firms de-risk more than £1bn of pe...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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