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Pacific Life Re completes longevity swap reinsurance agreement with NN Life for €2 billion in the Dutch market
Feb 23, 2025•about 1 year ago
Contract Type
agreement
Description
Pacific Life Re has finalized a longevity swap reinsurance agreement with NN (NN Life) in the Netherlands for a €2 billion block of in-force individual annuity policies. The deal includes a flow arrangement for future new business, marking Pacific Life Re’s entry into the Dutch market for longevity reinsurance.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months