Non-pensioner longevity swap a win-win for AXA & Hannover Re: Jefferies
23rd April 2021The recent £3 billion longevity swap between the AXA UK Group Pension Scheme and reinsurance firm Hannover Re represented a new first for the longevity risk transfer market, a largely non-pensioner deal, which analysts at Jefferies highlight as a win-win transaction for both parties.
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