Pensions

News

MetLife enters UK longevity reinsurance market with $3.5bn deal

US firm adds capacity to an already very busy market

UK pension risk transfer volumes to hit £65bn in 2022

Willis Towers Watson presents its business outlook for bulk annuities and longevity swaps

Standard Life seals £1.8bn bulk annuity buy-in deal

The Phoenix bulk annuity business was aligned under the Standard Life brand in October 2021

UK bulk annuity volumes could hit £50bn by 2025

Total volumes for 2021 are set to reach around £30bn, says LCP

Legal & General seals £650m bulk annuity buy-in deal

The sponsor, Mitchells & Butlers, operates a number of UK restaurants, pubs and bars

InsuranceERM UK & Europe 2022 awards - last day for entries!

The deadline for award entries is today

UK's first pensions superfund to disrupt the bulk annuity market

Regulator approves Clara Pensions, but insurers disapprove

Bain pledges its takeover deal will de-risk LV

Private equity firm wants insurer to regain top-three position in UK life market

UK court sanctions Prudential-Rothesay annuity transfer

Green light for Part VII transfer of £11bn of liabilities

InsuranceERM UK & Europe 2022 awards - entries are open!

The deadline for award entries is Friday 10 December

EDITORIAL: Watch out for the death of life portfolio transfers

Christopher Cundy reviews the case of Prudential's Part VII transfer to Rothesay

Pension Insurance Corporation seals 2021's largest PRT deal

Insurer takes on £2.2bn of liabilities from UK pension scheme

Smaller pension risk transfer deals crowded out of the market

LCP says insurers are increasingly focused on larger transactions

Phoenix strengthens its bulk purchase annuity team

BPA market was slow in H1, but will return to normal in H2, says CEO Andy Briggs

UK should produce guidance for IFRS 17 CSM allocation

UK Endorsement Board encourages insurance industry to collaborate

Phoenix nears sale of European business

Former Standard Life divisions to be sold to rival consolidator

Analysis

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

Eiopa's Petra Hielkema: stress tests and Orsas are good for climate risk management

The chair of the EU's insurance authority talks to Christopher Cundy about the supervision of sustainability issues and explains why the own risk and solvency assessment (Orsa) and stress testing are the most important tools, right now

UK's PRT market set to soar after quiet H1

Pension risk transfer (PRT) activity in the UK was subdued during the first half of this year, but insurance experts tell Ronan McCaughey they expect an incredibly busy H2

Insurance protection gaps: getting over the blame game

Politicians and civil society tend to blame insurers for widening protection gaps. But insurers say governments and regulators must share responsibility. So what can be done to solve what all regard as a growing problem? Christopher Cundy reports from Eiopa's 10th anniversary conference

Mutuals' deferred shares could have saved LV= from demutualising

With the British life insurer planning to demutualise with the £530m sale of its business, Cintia Cheong talks to AFM chief Martin Shaw about the prospects for the mutual sector in the UK

Eiopa in 2021: more staff, more responsibilities

Europe's insurance authority is hiring nearly 35 more staff as its responsibilities grow. Executive director Fausto Parente explains what they will be doing, in conversation with Christopher Cundy