Barclays Bank UK Retirement Fund closes $8.1 billion UK longevity transaction with Prudential
Prudential Financial, Inc. today announced that on Dec. 14, 2022, the Trustee of the Barclays Bank UK Retirement Fund (UKRF) insured £7 billion ($8.1 billion) of liability against longevity risk with reinsurance provided by The Prudential Insurance Company of America…