Risk settlement market to exceed £45bn for 2021

Aon said the pattern of bulk annuity deals has been ‘unusual’ but expects a busy second half

Holly Roach
clock • 3 min read
Aon estimated the market will surpass the £45bn mark for the third year in a row
Image:

Aon estimated the market will surpass the £45bn mark for the third year in a row

The UK risk settlement market is likely to exceed £45bn by the end of 2021, according to Aon.

The consultant said the market was "relatively subdued" in the first half of 2021 when compared with other years, with only £7.7bn of bulk annuity deals completed. However, the firm said "the pa...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

UK and US pension risk transfer market to exceed £250bn in next three years

UK and US pension risk transfer market to exceed £250bn in next three years

UK volumes for 2024 ‘likely to exceed’ the £40bn achieved last year as market scales up

Jonathan Stapleton
clock 06 September 2024 • 2 min read
Coats UK scheme secures £1.3bn buy-in deal with PIC

Coats UK scheme secures £1.3bn buy-in deal with PIC

Scheme’s second buy-in transaction secures the benefits of 18,042 members

Holly Roach
clock 04 September 2024 • 2 min read
Updated: The biggest buy-ins and buyouts since 2007

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
clock 04 September 2024 • 1 min read
Trustpilot