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Equitable takes step to mitigate mortality risk with major reinsurance deal
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Equitable takes step to mitigate mortality risk with major reinsurance deal
Equitable Holdings, a financial services company specialising in retirement, wealth management, and protection solutions, has recently announced that it has completed a major strategic transaction aimed at substantially reducing its exposure to mortality-related risk. On July 31, the company finalised a reinsurance agreement with Reinsurance Group of America (RGA), which is expected to reduce its Individual Life mortality exposure by 75%. The co…
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