Insurers set to reach FTSE heights with £1trn of pension risk transferred in ten years

James Phillips
clock • 2 min read

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 l...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Scheme resource constraints need not be a 'blocker' to conducting BPA transactions

Scheme resource constraints need not be a 'blocker' to conducting BPA transactions

Rise in demand for risk reduction solutions prompts need for schemes to ‘innovate’ and ‘adapt’

Martin Richmond
clock 25 April 2024 • 3 min read
Do more insurers equal more capacity?

Do more insurers equal more capacity?

Nikhil Patel takes an in-depth look at current trends in the risk transfer market

Nikhil Patel
clock 24 April 2024 • 7 min read
Lexmark Pension Plan inks buy-in deal with Canada Life

Lexmark Pension Plan inks buy-in deal with Canada Life

Transaction secures the benefits of 93 pensioners and 84 deferred members

Holly Roach
clock 24 April 2024 • 2 min read
Trustpilot