Archive

L&G doubles retail annuity sales, but PRT business slows in H1

More than £24bn of active PRT deals in UK, most of which to transact this year

Royal London completes first external PRT deal

UK insurer reports £30m bulk annuity with undisclosed counterparty

L&G flushed with success after SCA £1.1bn buy-in deal

The insurer is on a roll to write approximately £50bn of PRT business over five years

Public disclosure is the biggest change for the UK's life insurance stress tests - UPDATED

But reporting will not be timely and may not provide a full picture of insurers' resilience, consultants warn

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