Author: LMI Newsdesk
Deal covers in-force whole of life policies and will help Anshin Life reduce its portfolio’s long-term interest rate risk.
Lumos Insurance, a wholly owned subsidiary of Hoplon Capital, has hired Tom Kenny as Managing Director and Senior Vice President of Global Retirement and Protection.
Reinsurer completes two block reinsurance deals in Hong Kong and one flow reinsurance deal in Japan.
£160m full-scheme buy-in secures the benefits of all 2,361 members (1,689 pensioners and 672 deferred).
The transaction secures the full benefits of all 115 uninsured members, comprised of 52 deferred members and 63 members with pensions in payment, and completed in March.
Agreement with Nationwide reinsures a block of fixed Universal Life with Secondary Guarantees (ULSG) policies representing nearly $6bn of statutory reserves.
New survey by WTW says that half of £1bn+ schemes expect to run-on.
£42m bulk purchase annuity transaction secures the pensions of 485 members.
The transaction was completed in November 2025 and secures the benefits of 708 Scheme members, including 222 pensioners and 486 deferred members.
This is the third scheme Just Group has insured for The Church of Scotland Pension Trustees after two prior transactions, valued at a combined £75m, were completed in December 2024.