The US pension risk transfer (PRT) market is thriving – evidenced by the fact that total US PRT premiums were $26bn in the first half of 2024, 14% higher than the prior year results.
There is also healthy competition in the sector with 21 insurers currently competing for pension plan business, almost three times more than a decade ago.
This is a sector with a $3trn business opportunity and it is little wonder the market is full of verve and dynamism.
These themes and more are explored in this InsuranceERM special report, produced in collaboration with Legal & General Retirement America.
The special report features articles on:
- State of the US PRT market, pace of growth and future challenges
- A review of PRT markets in the UK, Canada, the Netherlands and Ireland
- How to deliver customer service excellence on the PRT journey
- PRT considerations for pension plan sponsors
- Why effective asset management is critical to an insurer's success in PRT
- Interview with Legal & General Retirement America's president, George Palms
- Spotlight on sidecars and how they can support PRT insurers
- Regulatory update and outlook for the US PRT market