Prudential Financial unit completes $2.9 bln longevity deal for L&G

August 20, 2015 11:28 AM

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LONDON Aug 20 A unit of U.S. insurer Prudential Financial said on Thursday it had completed a $2.9 billion longevity deal for British insurer Legal & General .

Prudential Retirement Insurance and Annuity company said it was reinsuring the longevity of retirees insured by L&G's bulk annuity business.

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