Archive

M&G seeks £1bn-1.5bn in bulk annuity sales annually

Life insurer is also developing alternative strategies for pension risk transfer

Lloyds seeks to reinvent its bancassurance business with technology push

Apps and new approach to proposition will boost sales, executives say

Pension risk transfer under scrutiny after spate of US lawsuits - UPDATED

Athene deals under spotlight as insurer is dubbed "highly risky" by litigants

Legal & General and RGA tie up $700m PRT deal with FirstEnergy

Transaction covers approximately 2,000 retirees

Rothesay swoops for £6bn Scottish Widows bulk annuity portfolio

The deal will enable Lloyds Banking Group to focus on growing other lines of business

Just Group CEO confident of firm's position in bulk annuity market despite Royal London entry

David Richardson said the UK life insurer is "very comfortable" with its competitive position

Royal London kicks off bulk annuity business with two internal deals

UK mutual builds investment expertise in illiquid assets to support growth

Aviva upgrades targets after a solid 2023 performance

Sales and profits up as CEO Amanda Blanc says business "is clearly delivering"

PIC saves Thomas Cook pensioners from PPF with £50m buy-in

L&G maintains profits in 2023 amid difficult investment markets

But bulk annuity sales - and use of funded reinsurance - continue to rise