Pacific Life Re strengthens presence in Dutch market with €1.3bn longevity swap
Life reinsurer Pacific life Re has strengthened its presence in the Dutch market by completing a €1.3 billion longevity swap reinsurance transaction with Aegon Levensverzekering NV, a subsidiary of ASR Group. The agreement is Pacific Life Re’s second longevity reinsurance transaction in the Netherlands, following last year’s landmark €2 billion longevity reinsurance transaction with Nationale-Nederlanden….