Pensions

News

PIC seals £5.8bn of pension business in H1

The specialist insurer said it has been a record-breaking first half for new business

Royal London hires CEO from Standard Life Aberdeen UK

Barry O'Dwyer to replace Phil Loney in September

Swiss Re to push ahead with ReAssure IPO

Targets trillion-pound opportunities in closed-book life consolidation

Legal & General ties up largest UK pension buyout

The bulk annuity deal with the Rolls-Royce UK pension fund covers 33,000 members

M&S offloads pension liabilities in another multi-insurer deal

Pension Insurance Corporation and Phoenix Life take on £1.4bn of liabilities

Insurers share best practice on asset risk from climate change

Pilot project reveals the scenarios, models, and metrics used by 20 institutional investors to assess and disclose climate risk

SecondFloor acquired by German regtech provider

Cleversoft deal backed by common investor Main Capital Partners

Just Group chief quits

Rodney Cook steps down after nine years with UK annuity group

L&G completes £95m bulk annuity with the 3i pension plan

Deal continues strong start to the year for pension risk transfers

L&G seals $149m Canadian PRT deal

It is L&G’s first PRT transaction in Canada

Analysis

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

Actuaries price themselves out of data science jobs

The skills needed in the 'big data' revolution closely match those held by actuaries, but well-qualified individuals are unlikely to find the sector financially attractive, as Cintia Cheong finds in her report on actuarial recruitment in the UK