Insurers set to reach FTSE heights with £1trn of pension risk transferred in ten years
Around £1trn of pension risk could be insured by just over a decade’s time as bulk annuity volumes grow rapidly, also boosting insurers’ rankings in the FTSE 100, according to Hymans Robertson.
The consultancy's 2021 Risk Transfer Report, published today (11 February), found that a third of this transfer has already happened, with around £180bn of bulk annuities since 2007 and £110bn of longevity...
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Rothesay agrees £6m buyout with aviation scheme
Rothesay has completed a £6m follow-on buyout with an unnamed aviation scheme, insuring benefits of eight pensioners and 31 deferred members.
