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.
In March 2026, following data cleaning, Utmost Life and Pensions issued 453 individual policies to secure scheme benefits.
£140m transaction secures the future retirement benefits for around 650 members of the plan.
£30m buy-in transaction secures the future retirement benefits for more than 145 pensioners and 80 deferred members.
The deal secures the benefits of both deferred and pensioner members and was completed in January 2026.
£7m bulk purchase annuity buy-in covers all remaining members not previously insured and represents a further step in reducing risk for the Scheme.
New premium for single-premium products — both buy-out and buy-in contracts — surged 132% in the fourth quarter to $28bn, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.
$2bn liability longevity reinsurance transaction is the firm’s first covering US retirees.
Milliman’s latest results of its Milliman Pension Buyout Index show that during February, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process climbed 10 basis points, from 100.4% to 100.5% of a plan’s accounting liabilities.
£105m full-scheme bulk purchase annuity buy-in with Canada Life secures the future benefits of over 350 deferred members and over 1,450 pensioners.
Together, the transactions cover an amount of approximately €8bn in pension liabilities and roughly half of Achmea Pension & Life Insurance’s longevity risk exposure.