Informational and analytical
site about life insurance

MetLife reinsures UK pension obligations

The deal implies that the MetLife subsidiary will provide reinsurance for the longevity risk associated with $3.5 billion in pension obligations, according to Forinshurer.

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.

#lifeinsurance #pensionannuity #pension insurance

read also

Due to tax cuts, experts predict growth in life insurance in India

The brokerage firm BNP Paribas believes that the life insurance sector will perform g...

Insurance Companies of Azerbaijan were called for Active Participation in the Establishment of the Labor Protection Fund

Day.Az reports that according to Salim Muslimuv, the Minister, the Ministry of Labor ...

How to solve seven economic problems of Kazakhstan

Seven main economic problems needed to be solved urgently were listed by LS Director ...

ru kz en

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT

Submit your application