Page 2 - வாழ்க்கை தொடர்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MetLife, Inc.: MetLife Completes $5 Billion Longevity Reinsurance Transactions with Rothesay
MetLife, Inc. announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has closed its second and third longevity reinsurance transactions with Rothesay Life Plc, reinsuring approximately $5 billion of pension liabilities associated with two U.K. bulk annuity transactions completed in the fourth quarter of 2020.
We are pleased to expand our relationship with Rothesay and build on our previous success to execute the latest two transactions very quickly and efficiently, said Jay Wang, senior vice president and head of Risk Solutions for MetLife s Retirement Income Solutions business. With these transactions, we will continue to execute on our strategy, using our actuarial expertise and history managing longevity risk to expand our footprint within the U.K. longevity reinsurance market. ....

Argyll And Bute , United Kingdom , United States , City Of , Judi Mahaney , Anthony Marlowe , Jay Wang , David Cox , Allied Domecq , Tower Life Insurance Company Met , Risk Factors Metlife Inc , Massachusetts Mutual Life Insurance Company Massmutual , Prudential Regulation Authority , Uk Prudential Regulation Authority , Head Of Communications Public Affairs , Risk Solutions For Metlife Retirement Income , British Airways , Firm Reference Number , National Grid , Civil Aviation Authority , Metlife Inc , Financial Conduct Authority , Exchange Commission , Tower Life Insurance Company , Rothesay Life Plc , Metropolitan Tower Life Insurance Company ,