Bulk annuity volumes – 'the stage is set' to reach 2023 records

Total volumes for the year should comfortably exceed £40bn

clock • 6 min read
Rosie Fantom and Andy Smith: A number of large deals entered the market in May and June, ready to provide a healthy boost to second half volumes.
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Rosie Fantom and Andy Smith: A number of large deals entered the market in May and June, ready to provide a healthy boost to second half volumes.

As we enter the second half of 2024, and in advance of insurers publishing their half year data, Barnett Waddingham’s Rosie Fantom and Andy Smith outline how the stage is set for volumes to get close to the record £49.1bn seen in 2023.

Premiums Outside of Rothesay's £6bn purchase of Scottish Widows' back book (subject to regulatory approval), it has been a slow start to the year for large transactions. As we moved into 2024...

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