Author: Greg Winterton
In his new role, Polanskyj will chair Obra’s Investment Committee.
In a rare bright spot for the product, growth was observed in the 61+ age cohort.
During March, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process climbed from 101.7% to 102.5% of a plan’s accounting liabilities.
The transaction was finalised in March 2025 and is the ninth buy-in for Royal London’s BPA business.
The £7.5m transaction secures the benefits of all 121 members, comprising 26 deferred members and 95 pensioner members, and covers all scheme liabilities.
The buy-in insures the benefits of 180 Scheme members comprising 99 deferred members and 81 pensioners.
Gokul Sudarsana, Chief Investment Officer of HSCM’s Life strategy and Co-Chief Investment Officer of the Firm’s Re/Insurance strategy.
March delivered not one, not two, but three notable announcements relating to life insurer credit risk which could have an impact the life settlement market.
Those still trying to understand any potential future impact of Covid-19 on mortality are conducting an exercise in futility.
Aggregate deal value in the Canadian pension risk transfer (PRT) market set a new record in 2024 and market fundamentals suggest activity will remain strong going forward.