AXA UK completes £3bn longevity swap with Hannover Re

19-03-2021

The AXA UK Group Pension Scheme has entered into a longevity swap with Hannover Re to protect £3 billion of mostly deferred pension liabilities held in its Defined Benefit plan.


AXA UK, Hannover Re, Longevity Swap, Insurance, Reinsurance, Stephen Yandle, Vikram Chatrath, UK

Intelligent Insurer