Browsing: News: March 2024
The pension fund of UK retailer Next has agreed a £510m ($643m) full scheme buy-in with bulk purchase annuity (BPA)…
RGA has inked a JPY700bn ($4.6bn) longevity focussed asset-intensive reinsurance deal with Japan Post Insurance Company. The deal will see…
M&G has announced its third bulk purchase annuity (BPA) deal since it re-entered the UK market in September 2023. On…
Legal & General Retirement America (LGRA) and RGA have teamed up to complete a $700m pension risk transfer with utility…
Pension scheme consolidator Clara Pensions has signed its second superfund deal after making a £600m ($786m) agreement with the Debenhams…
Lloyds Banking Group is selling its c.£6bn Scottish Widows in-force bulk annuity portfolio to Rothesay. The business to be transferred…
US telecoms firm Verizon has inked a deal with Prudential Financial and RGA that will see $5.9bn of pension liabilities…
The pension risk transfer (PRT) market in the UK exceeded £50bn in aggregate volume in 2023, a new record, according…
Insurance and pensions provider Royal London has announced that it has been preparing to enter the UK’s booming bulk annuity…