Prudential Financial is to reinsure the longevity risk associated with £7bn ($8.7bn) of pensioner liabilities in HSBC’s pension scheme, in the second-largest such deal completed by a UK pension scheme.
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Prudential Financial is to reinsure the longevity risk associated with £7bn ($8.7bn) of pensioner liabilities in HSBC’s pension scheme, in the second-largest such deal completed by a UK pension scheme.