Pensions
News
L&G highlights pension risk transfer market's resilience amid Covid-19
The insurer wrapped up eight PRT deals in March
PIC secures £250m buy-in, confident of further deals
Second buy-in deal with WPP concluded before coronavirus crisis hit
Just extends hedging and reinsurance to stabilise solvency capital
Second NNEG hedging deal completed, bulk annuity growth backed by reinsurance
PIC's operating profits boosted by growing business
Financial investments grow 30% to £40.9m
Aviva profits rise 6% as cost-cutting bears fruit
Last year for major longevity reserve releases
Record pension risk transfer business helps boost L&G's 2019 profit
The UK life insurer controlled 25% of the UK PRT market in 2019
PIC strikes £1bn bulk annuity deal with Co-op pension scheme
The deal covers the pensions of around 7,000 scheme members
Scottish Widows hails gains from manager switch and longevity release
Dropping Standard Life Aberdeen produces one-off profit boost
Chesnara appoints ex-Lloyd's finance chief as chairman
Luke Savage replaces retiring Peter Mason
Storebrand profits dip despite savings growth
Higher claims on disability and critical illness products hit insurance segment
Analysis
Eiopa's Gabriel Bernardino: climate disclosures will become mandatory
Gabriel Bernardino, chair of the European Insurance and Occupational Pensions Authority (Eiopa) joined InsuranceERM's Insurance Risk and Capital EMEA conference earlier this month. In a Q&A with Christopher Cundy, he answered questions about climate change, the Solvency II review and conduct risk
MPs grill Rule and Woods on equity release, ethics and Brexit
The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report
Unipol's Marisa Parmigiani: "We want to make sure everything we do is sustainable"
The sustainability manager of the Italian insurance group explains to Cintia Cheong their journey to create a sustainability policy for the company
NN's Jan-Hendrik Erasmus: "the key issue is how to embrace technology"
NN Group's chief risk officer discusses with David Walker how the Dutch insurer is positioned for M&A, why Solvency II does not need to change, longevity risk hedging and today's technology and cyber challenges
Gen Re's Jules Constantinou: technology can make insurance more meaningful
Jules Constantinou, regional manager for life and health at GenRe UK and Ireland, and president-elect of the Institute and Faculty of Actuaries, vows to make insurance more meaningful to society. He tells Cintia Cheong how technology can help achieve that
Yes, no, maybe: the PRA responds to industry's Solvency II reform agenda
The UK regulator has made a point-by-point reply to the Association of British Insurers' agenda for Solvency II reforms and confirmed its priority to review the reporting requirements. Christopher Cundy reports