INTERVIEW-Hannover Re eyes big pipeline after Abbey-BMW deal

Newswire

FRANKFURT, Feb 22 (Reuters) - Hannover Re expects more deals ahead after agreeing to reinsure life expectancy risks on nearly 3 billion pounds ($4.6 billion) of UK pension assets in a deal struck between Deutsche Bank and automaker BMW. "There is a pipeline of deals, though most of them are smaller than this one," Wolf Becke, Hannover Re executive board member and chief executive of Hannover Life Re, told Reuters in an interview. Earlier on Monday, Deutsche Bank announced that BMW's UK ...

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