Browsing: Bulk Purchase Annuity Transactions
Life Risk News’ coverage of the bulk purchase annuity transactions market
The transaction involves approximately 8,200 participants and invested pension capital of around EUR 950m, making this transaction the largest buyout by Zwitserleven to date.
The transaction secures the benefits of 15 pensioners and 8 deferred members and was led by K3 Advisory.
The buy-ins were completed as part of a combined transaction, securing the benefits of over 5,100 retirees and 2,500 deferred members.
The transaction scope includes blocks of in-force structured settlement annuities and secondary guarantee universal life business
The transaction covers over 850 deferred members and approximately 650 pensioners.
The buy-out transaction was completed in January 2025, with the buy-in having taken place in July 2024.
The transaction secures the benefits of all eight deferred members and eight pensioner members, completing the buy-in of all scheme liabilities.
The deal insures the benefits of 181 Scheme members, comprising 70 deferred members and 111 pensioners.
The £120m agreement insures Lufthansa Group’s three UK defined benefit pension schemes in one integrated transaction.
The transaction secures the benefits of all 154 members, comprising 37 pensioners and 117 deferred members.