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Swiss Re partners with NTUC Income on a first-in-market longevity arrangement to shield against future variation in Income’s annuity book

ICMIF Supporting Member Swiss Re has partnered with Singapore-based ICMIF member NTUC Income (Income) on the first longevity arrangement of its kind in Singapore. This partnership will help shield Income from future variations in its annuity book, by sharing with Swiss Re any future payments to annuitants who live beyond their age expectancy.