Archive

Lloyds pension trustees seal longevity risk transfer deals totalling £5.1bn

The deals involve Rothesay, Pacific Life Re, and an insurance subsidiary of Prudential Financial

MetLife's US pensions head gives upbeat review of US PRT market

Elizabeth Walsh expects deal volume for the US PRT market to surpass $50bn in 2024

Litigation threatens the ongoing health of the US PRT business, says Prudential Financial

Recent instances like Verizon lawsuit are a concern for pension risk transfer providers

Prudential Financial reinsures $7bn Japanese life block with Prismic Life

Takes Prismic's assets under management to $17bn

FSB identifies 13 insurers subject to its resolution planning standards

Firms are not considered systemically important by virtue of inclusion

Prudential Financial's Julia Senchak on the evolution of the bulk purchase annuity market

Prudential seals $6bn jumbo PRT deal with IBM

It marks the second risk transfer between the two companies since 2022

Insurance Risk & Capital Americas conference returns to New York

It will be held on Monday 16 September in New York - with a 40% discount for InsuranceERM subscribers

Prudential selected for $221m industry-first multi-employer PRT deal

To take on pensions for some 8,700 retirees at Sound Retirement Trust

Prudential cuts $11bn reinsurance deal with Wilton Re

Deal will offload 40% of insurer's remaining guaranteed universal life statutory reserves