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by Legal Desire
22 October 2026

Mayer Brown advises Canada Life Re on longevity reinsurance arrangements with Legal & General – in connection with largest announced UK PRT deal of 2026 to date

Advising firms

Deal team

5 lawyers named
LawyerFirmSeniorityPracticeOffice
Tom MacAulay Lead Mayer Brown Partner Insurance Not stated
Amy Bennett Mayer Brown Counsel Insurance Not stated
Henry Corrigan Mayer Brown Senior associate Pensions Not stated
Ed Parker Mayer Brown Partner Finance Not stated
Will Price Mayer Brown Senior associate Finance Not stated

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Stated terms

Stated value
GBP 1.70bn (£1.7 billion)
What the figure measures
Total transaction value
Client
Canada Life ReOther
Counterparties
Legal & General (Other)
Zurich (Other)
Trustee of the UBS (UK) Group Pension Plan (Other)