Pensions
News
Prudential Financial completes $1.7bn of longevity reinsurance in H1
UK market resilient to Covid-19, says insurer
Zurich arranges £1.4bn longevity swap for UBS UK pension scheme
The deal sees 100% of the longevity risk reinsured by Canada Life Reinsurance.
Legal & General ties up £13m PRT deal with Brandsby
The bulk annuity transaction secures benefits for all of the scheme's 120 members
UK bulk annuity volumes dropping back to 2018 levels
LCP predicts £20bn-25bn of transactions this year after bumper 2019
BoE governor intervenes in pension superfunds regime: report
Andrew Bailey says framework is a financial stability risk, reports Sky News
COMMENT: How much capital do pensions require?
The UK's proposed regime for pensions superfunds has reopened the debate around capital requirements for long-term products, argues Christopher Cundy
UK insurers fight for tougher rules for pension superfunds
DB consolidation vehicles given greenlight to operate
NN transfers longevity risk to three reinsurers
Deal improves capital generation profile for NN Life subsidiary
Aviva and Legal & General strike £466m PRT deals
Recent market volatility from Covid-19 has made bulk annuity pricing attractive
Buy-in/buy-out demand will average £37bn a year over next decade
Hymans Robertson said Covid-19 is unlikely to cause long-term impact to the market
Analysis
How Covid-19 is changing the UK's prudential supervision
At a recent webinar organised by the Association of British Insurers, experts discussed what Covid-19 and Brexit might mean for the future direction of UK prudential regulation. Cintia Cheong reports
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