Big three insurers strengthen grip on bulk annuity market
The three biggest bulk annuity insurers accounted for more than 90% of new business written in the six months to April according to research from Aon Hewitt.
The consultant's latest Risk Settlement Review found that Legal & General (L&G), Pensions Corporation (PIC) and Rothesay Life wrote 93% by value of cases in the first quarter of this year. These same...
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