Browsing: Longevity and Mortality Risk Transfer
Longevity and Mortality Investor’s coverage of the longevity and mortality risk transfer market, including pension risk transfer, longevity swaps and other de-risking activities.
$3bn in buy-out and buy-in sales in the second quarter of 2026 represents a decline of more than 25% compared to the same period last year.
The £9m transaction, which completed in April, secured the benefits of around 90 members.
£52m full-scheme bulk purchase annuity buy-in with Canada Life. The transaction secures the future pension benefits for 300 pensioner and 130 deferred scheme members.
£100m bulk purchase annuity transaction secures the benefits for 650 scheme members.
A consequence of a slowing US pension risk transfer market this year is that more insurers are bidding on more deals.
11m bulk purchase annuity buy-in secures the benefits of 87 members, comprising 62 pensioners and 25 deferred members.
Under the agreement, more than 400 members of the Scheme and approximately £40m of assets will transfer to Clara.
The transaction covered £400m of assets and secures the future pension benefits of more than 3,000 pensioners and 4,000 deferred scheme members.
During July, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process in the US inched up by 10 basis points, from 99.6% to 99.7% of a plan’s accounting liabilities.
Following the full scheme bulk purchase annuity buy-in for the scheme in June 2025, Utmost Life and Pensions has issued 362 individual buy-out policies to scheme members and dependants.