Browsing: Longevity and Mortality Risk Transfer

The agreement, Clara’s fourth, marks another milestone for UK superfunds, as both the first transaction to make use of a ‘connected covenant’ structure and the first involving a not-for-profit employer.

The deal completed in April 2025 and secures the benefits of 66 pensioner and 8 deferred members at PPF+ levels.

The Prudential Regulation Authority, the UK insurance regulator, has increased its scrutiny over the use of funded reinsurance in recent times, but its use should still continue.

A range of actuarial and risk management techniques are employed by US life insurers using private assets to back group annuity contracts.

The Irish pension risk transfer market slow to get going amidst regulatory logjams.

£22m deal is Royal London’s tenth since entering the UK pension risk transfer market.

£270m deal is the third buy-in that Aviva has transacted with schemes sponsored by WM Morrison Supermarkets Limited.

BMO Insurance will issue annuities covering the responsibility for pension benefits of approximately 860 pensioners and beneficiaries.

£63m deal covers the pensions of all 570 members.

There has been significant activity in bulk purchase annuity buy-ins in the UK in recent years, which at some point will need to move to buy-out so that the original scheme can wind-down.