Risk Reduction
Risk Reduction
Legal & General (L&G) completed £6.3bn of buy-ins and buyouts in the first six months of the year, with another £923m deal completed in July, the firm's half year results confirm.
07 August 2019
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2 min read
Risk Reduction
The HSBC Bank (UK) Pension Scheme has hedged its longevity risk with Prudential Insurance Company of America (PICA) in the second-largest ever deal of its type.
06 August 2019
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2 min read
Risk Reduction
Prudential Insurance Company of America (PICA) has launched a reinsurance counterparty, lending support to insurers that account for more than 90% of the UK pension risk transfer market.
05 August 2019
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2 min read
Risk Reduction
The British American Tobacco (BAT) UK Pension Fund has completed a £3.4bn buy-in with Pension Insurance Corporation (PIC), the largest buy-in transaction including pensioner and deferred members.
01 August 2019
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2 min read
Risk Reduction
The government is consulting on merging the £0.5bn West Midlands Integrated Transport Authority Pension Fund (WMITAPF) with the £15.7bn West Midlands Pension Fund (WMPF).
25 July 2019
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2 min read
Risk Reduction
Tendencies to prefer the status quo and familiar names can result in slower or more irrational decisions, Aon says. James Phillips explores the impediments to risk settlement.
22 July 2019
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5 min read
Risk Reduction
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter
19 July 2019
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7 min read
Risk Reduction
Pension Insurance Corporation (PIC) has announced plans to raise further debt capital in order to support business growth in a burgeoning bulk annuity market.
12 July 2019
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2 min read
Risk Reduction
Rothesay Life completed around £700m of bulk annuity transactions in the first half of 2019, according to its latest trading update.
05 July 2019
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1 min read
Risk Reduction
The lifeboat fund's reserves have fallen by £0.6bn but investment performance weathered significant market volatility, increasing assets under management by £2bn.
04 July 2019
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2 min read
