PartnerRe closes £725mn longevity swap with PIC
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PartnerRe closes £725mn longevity swap with PIC

Trading Risk
22 January 2018
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Pension Insurance Corporation (PIC) has agreed a £725mn reinsurance agreement with PartnerRe which covers the longevity risk it acquired after insuring the Dockworkers Pension Fund in a buy-in last year.

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