Pensions

News

PRT market to break two records in 2023, say WTW and Standard Life

Interest in pension risk transfer deals soars as rates rise

COMMENT: Solvency UK's number is up

Have Sam Woods and Andrew Bailey disrupted the government's Solvency II reform plans?

PIC sees pension risk transfer market of £30bn over next year

Rise in gilt yields making headline liabilities smaller

Eiopa publishes value-for-money methodology for unit-linked products

EU authority continues with crackdown on excessive fees and poorly designed policies

UK pension risk deals could reach £200bn over next three years

LCP says this compares with around £30bn transferred in each of the past two years

ASR takes on Aegon's Dutch operations in €4.9bn cash-and-share deal

ASR-Aegon combination will create second largest insurer in the Netherlands

EU insurers dash for cash as liquidity risks rise

Eiopa seeks to calm nerves following UK gilts crisis

Plan sponsors being driven to PRTs by higher inflation, MetLife finds

Macro concerns are prompting pension funds to push to de-risk

UK economic volatility increases insurers' liquidity and credit risk

The Bank of England today warned of a material risk to UK financial stability

L&G's solvency surges 25pp in six months

Sales of bulk annuities continue to rise

US PRT market begins Q1 in record fashion

Legal & General Retirement America says Q2 is looking equally strong

Phoenix proves its pivot towards open life markets

The UK consolidator of legacy portfolios pays "organic growth" dividend

Just Group closes the chapter on capital turnaround

Chief executive David Richardson says UK life insurer is now focused on growth

Slimmed-down Aviva plans £3.75bn capital return

Acquires UK advisor Succession Wealth in a bid to grow retirement business

UK Solvency II reforms could boost bulk annuities market

LCP partner Charlie Finch explains how changes to the rules could impact the de-risking market

Analysis

Ireland's insurance regulator talks Solvency II divergence and going green

Domhnall Cullinan, director of insurance supervision at the Central Bank of Ireland, speaks to Ronan McCaughey about the biggest risks and regulatory challenges facing the sector in 2023

Gilts crash: a boon out of a crisis for insurers

Another day, another UK financial market crash. But while it has gone wrong for British politics and pension funds, the current crisis may actually benefit insurers in the long run. Ronan McCaughey and Sarfraz Thind report

Plenty of runway left for life consolidation in Europe

The business of consolidating life insurance portfolios is looking healthy, according to participants, as inflation provides a catalyst and supervisors become more familiar with transactions. Joshua Geer reports

The UK gilts crisis: a worry, not a disaster, for insurers

Plunging sterling and soaring gilt yields are buffeting insurers, but longer-term impacts of the government's disastrous "mini budget" are the real concerns, as Sarfraz Thind reports

It's life Oliver, but not as we knew it

European life insurers' capital consumption used to give their CEOs indigestion. But the "capital-lite" diets of Allianz and others has transformed the business, as David Walker discovers

German actuaries review the Review of Solvency II

Dissecting documents with a fine-tooth comb is natural for actuaries. After applying one to the European Commission's proposals for Solvency II reform, German Association of Actuaries board member Frank Schiller spoke to David Walker