March 4, 2015 / 7:09 AM / 2 years ago

CORRECTED-BRIEF-SCOR Global Life enters into longevity insurance transaction with Sun Life

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(Corrects date of announcement to Tuesday)

March 4 (Reuters) - Scor SE :

* Said on Tuesday SCOR Global Life has entered into a longevity insurance transaction with Sun Life Assurance Company of Canada (Sun Life)

* The transaction covers benefits in payment for pensioners who are members of the Bell Canada (BCE Inc) pension plan

* The risk of these members living longer is transferred from BCE Inc`s pension scheme to Sun Life and two reinsurers

* The associated liabilities are approximately C$ 5 billion

Source text for Eikon:

Further company coverage:

Gdynia Newsroom: +48 58 698 39 20; Gdynia.newsroom@thomsonreuters.com

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