Archive

Record insurer activity drives £47.8bn in buy-in / buy out deals in 2024

Six insurers each wrote more than £5bn in deals for the first time, LCP finds

Rothesay's 2024 dominated by two mega-BPA deals

UK bulk purchase annuity firm reports operating profit of £1.8bn

Blumont Annuity UK gets regulatory approval, with Thomas Olunloyo as CEO

Brookfield's bulk annuity venture unveils leadership team

Howden to acquire Barnett Waddingham

The deal creates a combined pensions administration

Swiss Re and RGA participate in £10bn longevity swap for UK pension scheme

Athora's sales and capital generation grow in 2024

European insurance and savings group reports €3.7bn of new business, up 21%

L&G seals combined £785m buy-in with Anglo American

M&G's operating profit rises 5%, promises more innovation in BPAs

UK insurer and asset manager eyeing launch of with-profits bulk annuities

PIC raises bulk annuity sales to record £8.1bn

Business was written with less capital, which resulted in lower margins

Asset-liability synergy drives Phoenix Group's bulk annuity business

IFRS adjusted operating profit increased 31% year-on-year to £825m