Risk transfer volumes reach record levels in 2023

L&G research finds approximately £50bn in total market volumes recorded last year

Martin Richmond
clock • 3 min read
Risk transfer volumes reach record levels in 2023

The UK pension risk transfer (PRT) market saw record volumes in 2023 while volumes in the United States were the second largest on record, Legal & General research shows.

The firm's latest Global PRT Monitor, published by L&G Retirement Institutional (LGRI) and L&G Retirement America, found total market volumes last year reached an estimated £50bn, surpassing the £4...

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