Browsing: Pension Risk Transfer
Longevity and Mortality Investor’s coverage of the pension risk transfer market, providing analysis, commentary and insights on the global PRT space.
The firm has built a team of more than 20 people focussed on bulk purchase annuity transactions and completed two deals with external pension schemes in Q4 last year.
The Broadstone Sirius Index finds positive funding progression across both schemes in December.
The latest buy-in secures the pensions of almost 5,000 pensioners and dependants and over 3,000 deferred policyholders.
The transaction, which concluded in September 2024, secured the benefits of 463 pensioners and 241 deferred members.
An insurance buy-out is not the only option in town for UK defined benefit pension schemes looking to de-risk – but is it still the best one?
Longevity swap market has not gone the way of the dinosaurs just yet.
Total US single-premium pension risk transfer premium was $14.2Bn in the third quarter.
Transaction insures the benefits of all scheme members comprising 32 pensioner members and 22 deferred members.
The buy-in covers 853 pensioners and dependents and 3,368 deferred members.
The arrangement provides long-term protection to MNRPF against costs resulting from pensioners or their dependants living longer than expected and enhances security for MNRPF members.