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Expect UK bulk annuity volumes of £45-50bn this year, says L&G
13 September 2023First half of 2023 has broken record for deal volumes
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US pension risk transfer market set for record H1 transaction volume
25 August 2023Legal & General said rising pension funding ratios have driven demand
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Aviva's bulk annuity sales rise 30% in H1
16 August 2023However, equity release sales fell due to the rising interest rate environment
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Legal & General completed £4.9bn of PRT deals in H1
15 August 2023The insurer has already written over £2bn of PRT business in H2, and eyes further opportunities
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L&G seals £1.8bn buy-in with United Utilities
18 July 2023The insurer has written £6.7bn of pension risk transfer business in the UK year-to-date
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L&G reveals latest IFRS 17 financials and PRT market activity
05 July 2023Shareholders' equity halved, but a £13.6bn CSM and RA created
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António Simões to succeed Nigel Wilson as L&G CEO
15 June 2023He was previously regional head of Europe at Banco Santander
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Allianz retains crown as Europe's most complex insurance group
25 May 2023At Aviva, investment funds contribute significantly to 700 Solvency II entities
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US bulk annuities market hits $6bn volume for Q1
18 May 2023Legal & General Retirement America estimates new Q1 record, and $23bn of annuities to close in H1
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Phoenix Group hires Kenny McIvor from WTW for senior bulk annuity role
05 May 2023Standard Life, which is part of Phoenix Group, is a key player in the UK bulk annuity market