Prudential Retirement completes $1.7bn of longevity reinsurance

James Phillips
clock • 1 min read

Prudential Retirement reinsured $1.7bn (£1.4bn) of UK pension scheme longevity risk in the first half of the year, it has revealed.

The reinsurer attributed the deals to adapting quickly to the Covid-19 environment with transactions closing virtually, while adding the UK buy-in and buyout market has been "vibrant". It now se...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Transaction means benefits of all scheme members are now insured

Holly Roach
clock 18 November 2025 • 2 min read
Brockhampton Pension Scheme secures £40m buy-in with Just Group

Brockhampton Pension Scheme secures £40m buy-in with Just Group

Transaction secures the benefits of all remaining uninsured scheme members

Holly Roach
clock 18 November 2025 • 2 min read
Wolseley Group secures £600m buy-in with Aviva

Wolseley Group secures £600m buy-in with Aviva

BPA transaction secures the benefits of nearly 10,000 scheme members

Holly Roach
clock 17 November 2025 • 2 min read
Trustpilot