Author: LMI Newsdesk
The new longevity insurance and reinsurance arrangements cover pensioner liabilities in the Lloyds Bank Pension Scheme No.1 (£3.1bn), Lloyds Bank Pension Scheme No.2 (£0.7bn) and HBOS Final Salary Pension Scheme (£1bn).
Life Settlement Investor Sentiment 2025 is a new report published by insurance asset management firm Conning, in conjunction with ELSA.
The trustees of the Steamship Insurance Management Services Limited Pension and Assurance Scheme completed a c.£55m bulk purchase annuity transaction with Royal London. This transaction is Royal London’s third with Barnett Waddingham as risk transfer broker and covers more than 350 members.
Charles H. Portz, IV joins Lighthouse Life as CFO; Adam Lippman and Noam Weiss promoted to Chief Operating Officer and Chief Business Officer, respectively.
Two pension schemes sponsored by CF Fertilisers UK Limited, the UK subsidiary of a global manufacturer of hydrogen and nitrogen products for clean energy, have completed bulk purchase annuity buy-in transactions with M&G.
New study finds that while the number of new policy settlements declined in 2024, long-term growth drivers remain strong.
Deal is the second step in the BBC Pension Scheme’s phased longevity hedging programme.
Finalised in September 2025, the transaction provides long-term security for the benefits of nearly 10,000 members and secures all remaining uninsured defined benefits in the plan.
Total new annualized life insurance premium in the US increased 16% year over year to $4.3bn in the third quarter, according to LIMRA’s preliminary individual life insurance sales results.
The aggregate surplus of the 4,969 schemes in the Pension Protection Fund’s 7800 Index increased by £16.2bn through October 2025, rising to £271.3bn in surplus, and the funding ratio rose by 0.7 percentage points to 129.8% and the number of schemes in surplus rose to 3,844, representing more than three-quarters (77.4%) of all schemes in the universe.