UK insurance giant Aviva closed a £475mn longevity derivative transaction with a group of investors led by Bermuda-based PartnerRe, in a specially-tailored deal that opened the life insurance market to the capital markets.
UK insurance giant Aviva closed a £475mn longevity derivative transaction with a group of investors led by Bermuda-based PartnerRe, in a specially-tailored deal that opened the life insurance market to the capital markets.