Browsing: News: March 2025
The paper provides a comprehensive analysis of the structural shifts within the life insurance sector.
There were 794 single-premium contracts sold in 2024, a new record high for the US market.
Average time to buy-out for FTSE350 DB pension schemes falls from 4.5 years in January to 4.4 years at the end of February.
Transaction covers two schemes and three sections sponsored by the Church of Scotland.
Obra’s suite of evergreen strategies will be made available on iCapital Marketplace.
Universal life insurance applications declined -18.5% versus February last year.
Aggregate surplus fell from £239.0bn in January to £232.7bn at the end of February.
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.
The transaction covers over 850 deferred members and approximately 650 pensioners.