Author: LMI Newsdesk

The global equity release market is on track to more than double in size by 2035, to $52bn from current volumes of $17.7bn.

An aging population, rising retirement and long-term care funding needs, and broader direct-to-consumer awareness support conclusions of new report.

£1.5m bulk purchase annuity buy-in with Just Group. The transaction, which completed in June.

$3bn transaction marks Pacific Life Re’s entry into the US market for its Savings & Retirement business.

Prismic will reinsure approximately $5bn of reserves backing US dollar-denominated Japanese whole life insurance policies originated by Prudential’s Japanese affiliates.

Talcott reinsured approximately $6.3bn in liabilities, primarily composed of a run-off block of universal life with secondary guarantee policies.

InEvo Re is owned by Macquarie Asset Management’s global investment platform.

During August, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process climbed 20 basis points, from 99.7% to 99.9% of a plan’s accounting liabilities.

Four new members elected to Executive Committee following Annual General Meeting on 15th September 2026.

The transaction will see 1,281 members and approximately £135m of assets transfer to Clara.