Risk transfer market could exceed £40bn in 2023

Analysis forecasts new forms of capital-backed risk transfer could begin to thrive this year

Martin Richmond
clock • 2 min read
Barnett Waddingham head of bulk annuities and risk transfer partner Rosie Fantom
Image:

Barnett Waddingham head of bulk annuities and risk transfer partner Rosie Fantom

Bulk annuity transaction volumes are anticipated to surpass £40bn in 2023, according to research from Barnett Waddingham.

The consultancy forecast despite a fall in the absolute liability values for individual schemes, the total volume of bulk annuity transactions is expected to exceed the £30bn figure seen in 2022. ...

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

L&G set to return PRT capital to shareholders as result of low strain in 2024

L&G set to return PRT capital to shareholders as result of low strain in 2024

Insurer estimated to write £8.4bn of PRT deals in 2024 as part of target of £50-65bn by 2028

Jonathan Stapleton
clock 04 December 2024 • 3 min read
Buy-in and buyout transactions reach record levels in Q3 2024

Buy-in and buyout transactions reach record levels in Q3 2024

Hymans estimates total bulk annuity volumes for the year will be between £40bn and £45bn

Martin Richmond
clock 04 December 2024 • 1 min read
Avimo Pension Scheme agrees £50m full buy-in with Rothesay

Avimo Pension Scheme agrees £50m full buy-in with Rothesay

Full scheme transaction secures the benefits of all 611 members

Holly Roach
clock 04 December 2024 • 2 min read
Trustpilot