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.
The estimated retiree pension risk transfer cost is now 101.1% of a plan’s accumulated benefit obligation.
The agreement, Clara’s fourth, marks another milestone for UK superfunds, as both the first transaction to make use of a ‘connected covenant’ structure and the first involving a not-for-profit employer.
The deal completed in April 2025 and secures the benefits of 66 pensioner and 8 deferred members at PPF+ levels.
Transaction covers the benefits of approximately 1,300 in-payment members.
Funded Reinsurance Under Scrutiny But Should Remain a Feature of the UK Pension risk Transfer Market
The Prudential Regulation Authority, the UK insurance regulator, has increased its scrutiny over the use of funded reinsurance in recent times, but its use should still continue.
A range of actuarial and risk management techniques are employed by US life insurers using private assets to back group annuity contracts.
The Irish pension risk transfer market slow to get going amidst regulatory logjams.
Numbers are 51% lower than the record-high sales set in the first quarter of 2024.
£22m deal is Royal London’s tenth since entering the UK pension risk transfer market.
£270m deal is the third buy-in that Aviva has transacted with schemes sponsored by WM Morrison Supermarkets Limited.