The past 12 months have seen significant developments that are likely to shape mortality models among defined benefit pension scheme managers and sponsors alike, and possibly even have an impact on the pricing of de-risking deals.

The UK’s pension risk transfer market posted another strong year in 2025 both in terms of activity and aggregate premium transacted. Greg Winterton caught up with Alan Greenlees, Professional Trustee and Head of Risk Transfer at ZEDRA, to get his insights on a range of sub-topics within the space as 2026 begins in this month’s Q&A.

In today’s rapidly evolving insurance landscape, the arrival of AI in Life and Health underwriting and claims workflows is no longer a distant possibility – it’s already a reality.

December saw a few developments in the PHL Variable Life Insurance Company rehabilitation story but a liquidation means much more is to come.