Browsing: Longevity and Mortality Risk Transfer

£70m buy-in transaction will secure the benefits of all uninsured scheme members, covering approximately 490 deferred members and 400 pensioner members.

£7m deal was completed in March and insures the benefits of 24 pensioners and 15 deferred members.

The deal, which included a novation of the scheme’s existing longevity swap and the transfer of illiquid assets, was completed in August this year.

Farooqui spent time previously at Aon and Mercer.

During September, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process rose from 100.8% of a plan’s accounting liabilities to 101.7%.

Download Life Risk News Volume 3, Issue 10, October 2024 The US Federal Reserve cut the country’s interest rate by…

Pension superfunds were hailed as the saviour of struggling UK defined benefit pension schemes, but progress has been slow.

IORP II and DORA making extra work for Irish pension schemes, but activity could soon pick up.

EY’s Swapnil Katkar offers his thoughts on the state of the UK bulk purchase annuity market.

Annual report from LCP says that annual market volumes should average out at 2024 levels over the next decade.