Longevity swaps are rapidly outpacing the value of buyout and buy-in deals with risk transfer volumes hitting a new high of £11bn last year, latest figures show.
Schemes undertook £7bn of longevity swaps in 2011, led by big deals from ITV, Rolls Royce and British Airways, compared to more than £4bn worth of buy-outs and buy in deals, statistics from consult...
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