Browsing: Longevity Risk
Longevity and Mortality Investor’s coverage of bulk purchase annuity transactions. We are a leading source globally for longevity risk analysis, commentary and insights.
The life settlement market has never been more mature and experienced, and ELSA is well placed to continue to lead from the front in terms of the awareness and education effort, driving standards, and fostering collaboration among market participants to push the industry to higher highs.
Longevity and Mortality Investor (LMI) is the new name for Life Risk News. Greg Winterton caught up with Chris Wells, Managing Editor at LMI, to discuss the reasons behind the rebrand, his thoughts on how the longevity and mortality markets have evolved in recent years, and plans for the future.
The US Department of Housing and Urban Development, which, through the Federal Housing Administration, oversees the federally insured Home Equity Conversion Mortgage program, publishes monthly data showing the number of HECM endorsements on its website, and, for the first time since 2022, the market has grown – but from a historically low floor.
The BP Pension Fund has completed a £1.6bn bulk purchase annuity buy-in transaction with Legal & General. The deal was the first pension risk transfer transaction for the c.£18bn fund; L&G provided a gilt-based price lock using the fund’s gilt holdings to ensure price certainty.
Fidelity & Guaranty Life Insurance Company and Fidelity & Guaranty Life Insurance Company of New York, will assume responsibility for pension benefits for approximately 3,150 retirees and beneficiaries.
This latest buy-in covers 758 members and marks the first transaction completed with Quantum Advisory.
Total US pension risk transfer new premium fell 64% in the second quarter of 2025 to $4.1bn, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.
Transaction volumes of £9.8bn in the first six months of 2025 are the lowest first half volumes seen in the UK’s pension risk transfer market for four years.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
The transaction secures the benefits of more than 1,900 members and was finalised in August this year.