2019's 'jumbo' bulk annuities bigger than any full-year volume

James Phillips
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There has been a surge in the number of £1bn-plus transactions this year
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There has been a surge in the number of £1bn-plus transactions this year

Small schemes are facing “obvious challenges” in grabbing insurer attention as “jumbo” deals are beginning to typify the bulk annuity market, Aon says.

This year has seen a surge in the number of £1bn-plus transactions, with eight deals insuring more liabilities between them than any full-year previously, the consultancy said, including last week's £3.8bn...

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