Archive

Names emerge of three new UK insurers poised to enter bulk annuity market

Booming volumes attract competitors to eight already active in the business

Scottish Widows doubles individual annuity sales

General insurance premiums also grow, but underwriting remains unprofitable

Bulk annuity market activity reached new heights in 2023

Volume in the UK reached a record £50bn, according to L&G

Standard Life completes £114m buy-in with Vector Pension Scheme

Chirantan Barua joins ABI board

Prudential Financial seals $4.9bn bulk annuity deal with Shell USA

Deal covers $4.9bn worth of pension obligations

Just Group strikes $500m funded reinsurance deal with Warwick Re

Phoenix Group's bulk annuity business rises 25% in 2023

The UK life insurer was involved in seven BPA deals in second half of last year

Hymans Robertson signs up to sustainability charter for bulk annuities

Just Group wraps up £400m bulk annuity deal with UK tech company