Join an InsuranceERM webinar on Monday 5 June at 1.30pm BST to learn why the pension risk transfer (PRT) market is booming internationally - and how insurers in markets such as the UK and the US - could have their busiest-ever year of PRT deals in 2023.
UK pension risk transfer (PRT) volumes alone reached £44.7bn ($54.7bn) in 2022 – across buy-ins, buy-outs and longevity swaps – making it the third highest year on record, behind 2019 and 2020. In the UK, it is possible that 2023 could see bulk annuity transactions surpass the £50bn mark.
The US pension risk transfer (PRT) market, meanwhile, experienced a record-breaking year in 2022, with an estimated $53bn in total market volume, significantly exceeding the $38bn posted in 2021.
Outlook and drivers for UK, US and Dutch PRT markets in H2 2023 and beyond
Competitive landscape and major players in UK, US and Dutch PRT markets
Assessing impact of UK Solvency II reforms on UK PRT market
Regulatory change affecting Dutch and US PRT markets
Challenge of increasing illiquid asset risk for PRT markets
Role of reinsurance in optimising PRT deals
