Browsing: News
The insurance market has responded to meet the growing demand for de-risking solutions for defined benefit pension funds with both innovation and new participants – and further developments are anticipated.
The UK defined benefit pensions de-risking market is likely to see £50bn in bulk annuity transactions and £20bn in longevity swaps in 2025, according to WTW’s annual De-risking Report.
£53m deal is Royal London’s latest since entering BPA market last year.
LaBert most recently served as CEO at the National Association of Independent Life Brokerage Agencies.
Prismic will reinsure approximately $7 billion of reserves backing USD-denominated Japanese whole life insurance policies which were recently originated by Prudential’s Japanese affiliates.
The estimated retiree pension risk transfer cost is now 101.4% of a plan’s accumulated benefit obligation.
The buy-in covers the pension benefits of 95 pensioners and dependents, and 74 deferred scheme members and is worth £24m.
New report lifts the lid on investor sentiment towards life settlements.
Letter to insurance company CEOs references ongoing monitoring of funded reinsurance.
US life insurance application activity finished 2024 essentially flat at -0.1% year-to-date compared with 2023.