Yorkshire & Clydesdale Bank Pension Scheme, Glasgow, Scotland, insured £1.6 billion ($2 billion) in liabilities through a longevity hedge with Pacific Life Re International and Zurich Assurance. The ... The FINANCIAL — Mercer has announced that the smallest ever “named life” longevity hedge has been agreed between an undisclosed UK pension plan and Zurich Assurance.

Understanding the Context

The deal is the fourth of its kind ... Balfour Beatty Pension Fund, London, agreed to a £1.7 billion ($2.1 billion) longevity swap transaction with SCOR and Zurich Assurance, according to news releases Wednesday from several parties ... On the go: The UBS (UK) Pension and Life Assurance Scheme has extended its longevity swap with Zurich Assurance and Canada Life Assurance Company by £0.5bn. This is the fund’s second transaction with ...

Key Insights

Pensions&Investments: Glasgow pension fund insures $2 billion in liabilities with Pacific Life, Zurich Glasgow pension fund insures $2 billion in liabilities with Pacific Life, Zurich The Financial: Mercer and Zurich mark 4th streamlined longevity hedge with completion of £50 million pensioner deal Mercer and Zurich mark 4th streamlined longevity hedge with completion of £50 million pensioner deal