Browsing: Longevity and Mortality Risk Transfer

Insurers have to be more creative to win pension schemes’ business, with enhanced and value-added member services the main focus of innovation

Pension trustees face a critical challenge: ensuring their credit investments are aligned with both market conditions and insurer expectations.

Carl Groth, Chief Risk Officer at Legal & General Retirement America, offers his thoughts on the state of the US pension risk transfer market as we enter H2.

Germany’s pension market has been slow to embrace full risk transfer deals but a weakening economy and rising geopolitical instability are breathing life into the sector.

$4bn longevity risk transfer agreement covers approximately 96,000 policyholders with The Prudential Insurance Company of America.

The deal closed in July 2025 and covers the benefits of all c. 6,500 members of the Section, who were previously employed by Sedgwick Group.

This third transaction covers 7,130 uninsured pensioners of the Scheme.

The SPP paper highlights the strides insurers have made in streamlining processes, and the welcome presence of new market entrants.

The deal insures the pensions of over 200 members, comprising 118 pensioners and their dependants and 85 deferred pensioners.

£11m transaction secures the benefits of all 15 deferred members and 25 pensioner members and completes the buy-in of all scheme liabilities.