Part VII of the Financial Services and Markets Act 2000 is the mechanism by which books of insurance policies can be transferred from one insurer to another. Some doubt has been cast over the ...

British-based Rothesay Life broke new ground for the burgeoning pension risk transfer industry on Friday, striking an insurance deal that protects the retirement savings of the largest-ever number of ...

Court of Appeal sets out correct approach to transfer of long-term Insurance. Latham & Watkins has won an appeal on behalf of Rothesay Life Plc (Rothesay) in an unprecedented challenge to the High ...

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has closed its second and third longevity reinsurance transactions with ...

Finnish steelmaker Outokumpu Group completed a £390 million ($517 million) buy-in with Rothesay Life for the AvestaPolarit Pension Scheme in preparation for a full buyout, the U.K. pension insurer ...

LONDON (Reuters) - Insurer Rothesay Life said on Thursday it had bought a 860 million pounds portfolio of equity release loans from UK Asset Resolution. The deal will see Rothesay take on around 6,200 ...

NEW YORK--(BUSINESS WIRE)--Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced today it has completed a United Kingdom longevity reinsurance transaction ...

LONDON, Sept 30 (Reuters) - Private equity firm Blackstone BX.N has sold its 36% shareholding in Rothesay Life to existing shareholders Singapore fund GIC and U.S. insurer MassMutual, the UK insurer ...

Add Yahoo as a preferred source to see more of our stories on Google. (Reuters) - Insurer Rothesay Life is planning a 3.5-billion-pound bid for a unit of reinsurance company Swiss Re (SRENH.S), Sky ...

Ladbrokes Pension Plan, London, completed a £420 million ($583 million) buyout with Rothesay Life, a spokesman at Entain Group, the pension fund’s plan sponsor confirmed. The international sports ...