Archive

UK's life insurance stress test targets 11 bulk annuity providers

Prudential Regulation Authority consults on tests to be launched in 2025

UK matching adjustment benefit rises to £78bn

More business for bulk annuity insurers, as interest rates dip

Brookfield applies to set up insurer and enter UK PRT market

ASR eyes €8bn of Dutch PRT business in next four years

Estimates 40pp increase in solvency ratio from measures including internal model

US Department of Labor recommendations on IB 95-1 likely to please PRT insurers

But bulk annuity sector remains threatened with stricter fiduciary rules

Labour election win could hit UK bulk annuity volumes

Labour's support for the Mansion House reforms is also likely to expand the endgame options for pension schemes

L&G slims down to three divisions

CEO António Simões announces strategy for "simpler, more synergistic and capital light" group

US pension risk transfer sales hit record high in Q1

Limra expects this momentum to continue throughout 2024

Broadstone looks to build on OAC's legacy in actuarial consulting

Acquisition of credit risk consultancy Vestigo is latest move for fast-growing firm

Aviva's premiums surge drives Q1 performance

Its BPA sales grew 13% to £1.7bn