In his statement, Jay Wang, Senior Vice President and Head of Risk Solutions for MetLife’s Retirement & Income Solutions business, said, “We are pleased that MetLife has been selected to reinsure these liabilities. This is MetLife's first longevity risk swap deal and marks a major milestone in the development of our UK longevity reinsurance business and highlights MetLife's focus on innovation to meet client needs.”
Source: https://forinsurer.com/news/22/01/24/40809
Photos are from open sources.
