Author: Greg Winterton
The UK defined benefit pensions de-risking market is likely to see £50bn in bulk annuity transactions and £20bn in longevity swaps in 2025, according to WTW’s annual De-risking Report.
LaBert most recently served as CEO at the National Association of Independent Life Brokerage Agencies.
£53m deal is Royal London’s latest since entering BPA market last year.
The estimated retiree pension risk transfer cost is now 101.4% of a plan’s accumulated benefit obligation.
Prismic will reinsure approximately $7 billion of reserves backing USD-denominated Japanese whole life insurance policies which were recently originated by Prudential’s Japanese affiliates.
The buy-in covers the pension benefits of 95 pensioners and dependents, and 74 deferred scheme members and is worth £24m.
New report provides primary research-backed data to help life settlement market shape its education efforts in the coming years.
Demand for balance sheet solutions from insurers and supply of capital from asset managers provide market with solid fundamentals to maintain recent activity.
Life Risk News Q&A: Ryan McTernan, Senior Managing Director at Fifth Season Investments shares his take on the state of the life settlement market as we begin 2025.
When all is said and done, 2024 could end up delivering aggregate premium at or close to the US pension risk transfer market’s current banner year of 2022, where $51.9bn worth of deals was written in the space.