Browsing: Longevity and Mortality Risk Transfer
Life Risk News’ coverage of the longevity and mortality risk transfer markets
There were 794 single-premium contracts sold in 2024, a new record high for the US market.
The paper provides a comprehensive analysis of the structural shifts within the life insurance sector.
Transaction covers two schemes and three sections sponsored by the Church of Scotland.
Average time to buy-out for FTSE350 DB pension schemes falls from 4.5 years in January to 4.4 years at the end of February.
New life insurer entrants into UK PRT market not necessarily a sign of the floodgates opening.
UK Chancellor of the Exchequer Rachel Reeves’ announcement that she wants to unshackle billions of pounds locked in defined benefit (DB) pension fund surpluses has raised questions about how such a move might impact the country’s bulk purchase annuity market.
Aggregate surplus fell from £239.0bn in January to £232.7bn at the end of February.
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.