Law change to give major boost to French life firms' solvency

Profit-sharing reserves in guaranteed products will be eligible as solvency capital


Zurich and Hannover Re secure £800m longevity swap

The transaction covers a significant proportion of non-UK overseas lives


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


UK court approves Equitable Life transfer, dismisses Solvency II MA claim

Utmost Life & Pensions cleared to acquire Equitable's legacy contracts


L&G strikes £1.6bn buy-in deal with National Grid

The transaction covers 6,000 people


UK court asked to rule on legitimacy of Solvency II matching adjustment

Utmost’s planned acquisition of Equitable Life portfolio brings objection from policyholder


Aviva aims for Solvency II RoE target of 12% by 2022

The insurer announced its financial targets and focus on simplification in a strategy update


PIC completes longevity swap conversion to £750m buy-in for SSE

It is PIC's third PRT deal for a pension scheme sponsored by Scottish & Southern Energy


UK pension risk transfer market to hit £40bn in 2019

Legal & General Retirement’s Pretty Sagoo gives her outlook for the sector


FCA fines Prudential £24m for annuity sales failures

UK regulator said the insurer had failed to treat some of its customers fairly