Covid proves buyout market is 'unstoppable juggernaut'

Continuing demand for longevity risk insurance products perseveres throughout volatility

James Phillips
clock • 2 min read
Prudential Financial head of international reinsurance strategic initiatives Amy Kessler
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Prudential Financial head of international reinsurance strategic initiatives Amy Kessler

Volatility in risk and asset values arising from the pandemic has reinforced the need for schemes to secure their liabilities with bulk annuity providers, says Prudential Retirement.

While the first half of the year was relatively quiet in the UK pension risk transfer space, the pressure on schemes to de-risk will make the sector increasingly look at buy-in, buyout and longevity swap...

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