LONDON, Dec 23 (Reuters) - Insurer Legal & General said on Wednesday it had completed the largest-ever deal to takeon risk carried by a British pension scheme using medical datato help fix a price.
The deal will see L&G take on 230 million pounds ($341.39million) worth of liabilities from the unnamed pension scheme ina de-risking structure known as a 'buy in'.
No further financial details were disclosed.
The agreement takes the total volume of new business won byits pension risk transfer team in the fourth quarter to morethan 1.1 billion pounds, L&G said in a statement.
($1 = 0.6737 pounds) (Reporting by Simon Jessop, editing by Sinead Cruise)
Legal & General (LGEN)