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Subscribe nowDeal covers annuities of more than 10,000 people
FSOC agrees to end appeal against rescinding systemic risk designation
Deal marks the sixth longevity risk transfer between the two firms since 2014
Prudential Financial and MetLife are given a huge boost by latest Treasury report, which favours an activities-based approach over the entity-based systemic risk evaluations
FSOC votes 6-3 to remove Sifi tag
Candace Woods to take over from Richard Lambert
Marsh & McLennan Companies' UK pension fund de-risks via captive insurer
Deal covers 16,000 former staff
Solvency II pushes more risk to US firms
First time overseeing FSOC meeting after Republican report sees "arbitrary and inconsistent" designations