Pensions

News

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

Pacific Life Re broadens out into funded reinsurance market

The reinsurer's chief executive Dave Howell described the expansion as a natural next step

German hybrid life products raise risk modelling concerns

Use of GDV model scrutinised by regulator

NN promotes Wilbert Ouburg to CRO for life and pensions

He is due to succeed Hans Bonsel from April

Royal London's profit plummets as annuities business kicks off

Approval pending for matching adjustment portfolio

Eiopa's Bernardino calls for centralised supervision and disclosure revolution

Insurers agree on need for better consumer disclosures, but reject EU-wide supervisor idea

Analysis

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

Pension superfunds "not a competing proposition", says L&G

The pension risk transfer market and investment solutions put insurers in a strong position to manage defined-benefit pension liabilities, L&G's head of pricing and execution Pretty Sagoo tells Cintia Cheong

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