Article
Is There Still Life in Securitisation?
At the end of last year, Barclays Life securitised the embedded value of the whole of its life insurance business. This followed the merger of Barclays Life and Woolwich Life and the transfer of the business of Barclays Life to Woolwich Life (subsequently renamed Barclays Life Assurance Company Limited ("BLAC")) using the Part VII transfer regime.
Barlow Lyde & Gilbert LLP
