MetLife’s Longevity Reinsurance solution enable pension scheme sponsors, and annuity insurers who execute pension buy-outs and buy-ins, to offload their longevity risk.
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Reinsurance contracts are issued by Metropolitan Tower Life Insurance Company (“Met Tower”), Lincoln NE, a wholly owned subsidiary of MetLife. Met Tower is solely responsible for its financial condition and contractual obligations. Met Tower is not licensed or regulated by the U.K. Prudential Regulation Authority as an insurer or regulated by the Financial Conduct Authority, nor does it conduct business in the United Kingdom or provide direct insurance to any individual or entity therein.Met Tower is not authorized or regulated by supervisory authorities in the European Economic Area.