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.
New stress test based on hypothetical matching adjustment portfolios from S&P Global Ratings suggests ‘significant resilience’.
New stress test based on hypothetical matching adjustment portfolios from S&P Global Ratings suggests ‘significant resilience’.
During June, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process in the US inched down by 10 basis points.
The news comes nine months after the trustees signed a £4.3bn full scheme buy-in with PIC, which has appointed Brightwell as its administration partner.
The transaction secures the benefits of all 39 members, comprising 17 pensioners and 22 deferred members, and completed on 29 May 2026.
£11m buy-in secures the benefits of 24 deferred members and 59 pensioners and dependant pensioners.
The transaction, completed in May 2026, secures the benefits of the remaining 629 deferred and 51 pensioner members of the Plan and completes the buy-in of all plan liabilities.
£5m transaction, completed in June 2026, secures the pensions of 14 deferred and 34 pensioner members of the scheme and completes the buy-in of all scheme liabilities.
£35m bulk purchase annuity buy-in with PIC. The transaction secures the benefits of all 253 scheme members.
$3.8bn in buy-out and buy-in sales in the first quarter of 2026 reflects a 47% decline compared to the same period last year.