Archive

PRT market set for a blazing H2

The UK's pension risk transfer market (PRT) is on course for a very busy second half of the year, after relatively modest activity in H1. Solvency II reforms are also likely to impact the sector, as Ronan McCaughey explains

Standard Life completes £1bn bulk annuity buy-in deal

Bullish outlook for UK's bulk annuity market in 2022

The UK's bulk market remains buoyant with growing insurer capacity. This year could also see mega transactions and potential shifts in market dynamics. Ronan McCaughey explains

Aviva names Andrea Montague group CRO

Jan-Hendrik Erasmus had been Aviva's group CRO until July, but has since left the insurer

UK regulator approves Phoenix's internal model merger

Integration of Standard Life internal model brings solvency boost

Phoenix expects big benefits from internal model harmonisation

The UK life insurer expects a major Solvency II surplus from the strategy

UK insurance industry to raise £100m to fight Covid-19

Supporters include Lloyd's of London and Aviva

Chesnara appoints ex-Lloyd's finance chief as chairman

Luke Savage replaces retiring Peter Mason

FCA fines Prudential £24m for annuity sales failures

UK regulator said the insurer had failed to treat some of its customers fairly

Standard Life Assurance hit by £31m fine

UK conduct regulator criticised annuity sales practices at insurer now owned by Phoenix