Browsing: Longevity Risk

UK Chancellor of the Exchequer Rachel Reeves’ announcement that she wants to unshackle billions of pounds locked in defined benefit (DB) pension fund surpluses has raised questions about how such a move might impact the country’s bulk purchase annuity market.

Central Bank of Ireland AIFMD Q&A update delivers benefits to life settlement fund managers.

As our population ages, the significance and frequency of falls increases. This affects life expectancy as well as morbidity and mortality.

Many firms maintain a longevity risk capital model, making sure the methodology remains relevant and proportionate to the risk. We shine a spotlight on these models here, considering how they may evolve with post-pandemic data and Solvency II reforms.

Aggregate surplus fell from £239.0bn in January to £232.7bn at the end of February.

The transaction covers over 850 deferred members and approximately 650 pensioners.

The transaction scope includes blocks of in-force structured settlement annuities and secondary guarantee universal life business

Finnerty will take up the position on 31st March 2025, succeeding Orla O’Connor, who is completing her six-year term as Chair.

The buy-out transaction was completed in January 2025, with the buy-in having taken place in July 2024.

Brookfield Wealth Solutions will operate under the Blumont Annuity UK brand.