LCP: Risk transfer market had strong 2022 start

Improved DB funding and rising interest rates increased bulk annuity deals by 50% in H1

clock • 3 min read
LCP partner Charlie Finch
Image:

LCP partner Charlie Finch

Buy-in and buyout transactions in the first half of the year rose by more than 50% compared to H1 2021 driven by surging pension scheme funding and increased demand, according to Lane Clark and Peacock (LCP).

The consultancy's analysis of insurers' H1 2022 results found that the UK pension risk transfer market had a strong start to the year with £12bn of buy-ins and buy-outs compared to £7.8bn in the sa...

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