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Insurance Asset News
PRT & Longevity

L&G completes second buy-in tranche with Rolls-Royce bringing total to £5.7bn

By IAN Editorial Desk
15 October 2019·2 min read

By IAN Editorial Desk Legal & General today said it has completed a second pension buy-in tranche valued at £1.1bn with the Rolls-Royce UK Pension Fund,...

Legal & General today said it has completed a second pension buy-in tranche valued at £1.1bn with the Rolls-Royce UK Pension Fund, extending a phased de-risking programme for the scheme. The additional tranche brings total buy-in coverage that Legal & General has written with the Rolls-Royce UK Pension Fund to £5.7bn.

The new tranche follows an earlier pension risk transfer…

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