Pension risk transfer

Analysis

11 October 2024

Bermuda's hot life reinsurance market draws the crowds

Last month's Biltir conference in Bermuda was busier than ever, with participants discussing everything from private equity's role, regulatory communication and Manchester United's fax machines. Sarfraz Thind reports
29 August 2024

The heat is on for US asset-intensive reinsurance regulations

At its summer meeting, the NAIC put forward proposals for tightening up the supervision of life reinsurance transactions. It could either spoil or secure what is now a very lucrative market. Sarfraz Thind reports
26 August 2024

LGRA's CEO talks up the three trillion PRT opportunity

George Palms has built Legal and General Retirement America's US PRT business from scratch. But he sees much more opportunity for growth, he tells Sarfraz Thind
02 August 2024

NAIC's asset-intensive reinsurance proposals fuel agony and ecstasy

Soon-to-be-unveiled US rules could have a dramatic impact on the business of asset-intensive reinsurance and have drawn a surge of conflicting opinions from consumers, insurers and regulatory advisors. Sarfraz Thind reports
21 June 2024

PE and insurance: perception versus reality

Private equity and alternative asset manager-owned life insurers have been accused of making risky investments and running opaque businesses intent on making a fast buck. The facts may not bear this out, as Sarfraz Thind reports in the first of a two-part article

News

  • Rothesay writes £11bn bulk annuity for NatWest across multiple deals

    06 November 2024

    Bank's pension scheme has largest volume of liabilities insured of any UK scheme to date

  • Legal & General completes £1.1bn buy-in with Deutsche Bank pension scheme

    29 October 2024

    Transaction brings total insured liabilities to £2.1bn for Deutsche Bank.

  • Mortality rates for young adults remain high, CMI reports

    11 October 2024

  • LCP raises questions on Dutch mortality projection model

    02 October 2024

    Methodology has significant impact on pension liabilities and risk transfer pricing

  • UK bulk annuity market participants predict 2025 volumes up to £60bn

    01 October 2024

    Pension Insurance Corporation polled trustees, consultants and lawyers

  • PRA to consult on streamlining catastrophe bond applications

    26 September 2024

    The regulator is also working with Lloyd's to make the process for authorising managing agents quicker

  • Rothesay achieves £9.5bn in new business volumes for H1

    25 September 2024

    CEO Tom Pearce emphasises strong momentum and risk management focus

  • Record number of UK bulk annuity buy-in deals during H1

    18 September 2024

    Looking towards the remainder of 2024, Hymans Robertson anticipates over 250 buy-ins

  • BIS becomes latest to warn on PE-insurer and asset intensive reinsurance risks

    18 September 2024

    Bank for International Settlements urges greater cross-border supervision

  • IR&C Americas 2024: The outlook for PRT is rosy

    17 September 2024

    All audience members predict records will be broken

  • Phoenix halts plan to sell SunLife

    16 September 2024

    UK insurer also reports volatile IFRS shareholders' equity figure, and corrects IFRS 17 implementation errors

  • Prudential seals $6bn jumbo PRT deal with IBM

    16 September 2024

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

  • PIC completes £3bn of bulk annuity deals in H1, says pipeline remains strong

    12 September 2024

    CEO Tracey Blackwell highlights demand for large, complex transactions

  • L&G: combined PRT market volumes for UK and US to hit over £250bn

    06 September 2024

    The insurer said PRT markets in both countries are on track for one of their largest years ever

  • PIC buttons up £1.3bn buy-in deal with Coats Group

    04 September 2024

    The deal involved transferring illiquid assets held by the pension scheme

Most Read
  1. Risk and capital modellers share lessons from the LDI crisis, the shift to private assets and board interactions
  2. Eiopa opens consultation on mass-lapse reinsurance
  3. Eiopa chair reveals divisions on extra capital requirements for insurers' fossil fuel assets
  4. New EU financial services commissioner sets tone for insurance regulation
  5. Ex-CRO William Diffey joins BDO UK in director role
  6. Social inflation and PFAS risk named as key threats for US casualty market
  7. California legal ruling could cost state's life insurers $22.4bn
  8. Eiopa recommends additional capital requirements for insurers' fossil fuel assets
  9. Eiopa's paper is a significant step forward for mass lapse reinsurance across Europe
  10. FWU claims to restore minimum capital, but regulator remains concerned