MetLife, Zurich Complete $3.5B Longevity Reinsurance Transac

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc., announced today it has completed a significant longevity reinsurance transaction involving an unnamed U.K. pension scheme, using an independent U.K. regulated insurer, Zurich Assurance Ltd. as intermediary. Under the terms of the agreement, Metropolitan Tower Life Insurance Company...

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