Author: LMI Newsdesk
£85m bulk purchase annuity buy-in secures the benefits of 1,117 scheme members.
HHC 2026-1 RMBS Trust is an AUD $304m reverse mortgage securitisation, and the firm’s third in three years.
£90m full scheme bulk purchase annuity buy-in secures the benefits of over 500 scheme members.
Retrocession agreement with MetLife Reinsurance Company of Hamilton covers approximately $1.6bn of account value associated with a portfolio of Japanese US dollar-denominated whole life and annuity policies.
£40m bulk purchase annuity buy-in with Royal London. The transaction secures the benefits of 493 scheme members.
The deal is Pacific Life Re’s second structured reinsurance transaction in Japan this year.
£1.7bn bulk purchase annuity buy-in covers the UBS Section of the plan, secures the benefits of more than 7,000 members, and novates the plan’s existing longevity hedge with Zurich to L&G.
Over 3,300 members across six schemes, ranging in size from approximately £1m to £125m, will transfer together into a single section of the Clara Pension Trust under one master agreement.
Save the Date: The Longevity and Mortality Investor Conference Returns to London in May 2027.
Mortality rates in the third quarter of 2026 were lower than in the third quarter of any earlier year, although similar to 2025.