Edition:
India

Pension Insurance Corporation Reinsures 1.2 Bln Stg Of Longevity With Scor


Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Scor SE ::PENSION INSURANCE CORPORATION PIC - REINSURES £1.2 BILLION OF LONGEVITY WITH SCOR.PENSION INSURANCE CORP - AGREEMENT COVERS LONGEVITY RISK FOR AROUND 8,000 IN-PAYMENT LIVES AND, WHERE APPLICABLE, THEIR SPOUSES.PIC- PIC'S LONGEVITY REINSURANCE BUSINESS VOLUMES FOR 2018 CURRENTLY EXCEED £4 BILLION AND ARE EXPECTED TO EXCEED A RECORD £5 BILLION BY END OF YEAR. 

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