Solvency II drives record buy-in and buyout volumes in Q4
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
This was mainly driven by pension schemes and insurers rushing to close transactions before the introduction of Solvency II on 1 January 2016. This European regulation introduced tougher capital buffers...
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