Browsing: 2026 – August
Bermuda and, to a lesser extent, the Cayman Islands, have gained popularity among ceding companies amid increased demand for retirement solutions.
Increased competition for defined benefit pension schemes’ de-risking business in the UK has resulted in many insurers offering value-added incentives to better attract trustees and sponsors.
Decision by the US Court of Appeals for the Eighth Circuit affirmed the summary judgment decision of the United States District Court for the District of Nebraska that held that a $4m life insurance policy was void from inception as an illegal stranger-originated life insurance scheme.
Recent S&P Global stress test shows UK life insurers with a coverage ratio of 200% could comfortably withstand an extreme scenario that assumes a default rate of about 11% in the illiquid portion of a hypothetical BPA insurer portfolio.
Schepps offers his views on the current state of the longevity architecture in the US.
Moret has over 20 years of experience in the pensions and insurance industry, including 12 years in the UK BPA market.
£58m bulk purchase annuity partial buy-in secures the pension benefits of the 375 members who were not already insured.
£85m bulk purchase annuity transaction secures the pension benefits of 740 members.
The transaction follows the company’s prior block transactions and two flow transactions in Japan.
£22m bulk purchase annuity transaction secures the benefits of 230 members.