Archive

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

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

EY's UK bulk annuity leader heads to M&G

FSB identifies 13 insurers subject to its resolution planning standards

Firms are not considered systemically important by virtue of inclusion

M&G wraps up first value share bulk annuity deal in the market

The £500m transaction works by sharing the financial risk and upside with the corporate sponsor

M&G cites mismatches on IFRS 17 application in H1 IFRS losses

The firm also posted a marginal decrease in operating profit

M&G recruits Kerrigan Procter to drive its bulk annuity market growth

M&G poaches chief risk officer from Hargreaves Lansdown

Labour election win could hit UK bulk annuity volumes

Labour's support for the Mansion House reforms is also likely to expand the endgame options for pension schemes

Solvency II risk margin reform liberates at least £13bn of capital for UK insurers

InsuranceERM analysis of top 20 insurers reveal companies with largest savings

Sharp decline in interest rates could dampen UK bulk annuity growth

Moody's also says competition for illiquid assets could compress yields and dilute portfolio quality