Prudential pension fund completes $5bn Pacific Life Re longevity swap
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Prudential pension fund completes $5bn Pacific Life Re longevity swap

Prudential’s staff pension fund has secured £3.7bn ($4.9bn) of longevity cover from Pacific Life Re.

The longevity swap deal provides cover for the pensions of 20,000 people in the Prudential scheme in case they live longer than expected.

The

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