2023 bulk annuity market volumes soar to record-breaking £49.1bn

Aon says 2023 saw ‘dramatic growth’ in the market for schemes below £100m

Martin Richmond
clock • 2 min read
2023 bulk annuity market volumes soar to record-breaking £49.1bn

2023 marked a record-breaking year for the UK’s bulk annuity market as the total volume of bulk annuity deals amounted to nearly £50bn, research from Aon finds.

The insurer's UK Risk Settlement Market Update 2023 revealed the bulk annuity market had a "stellar" year with total volumes reaching £41.9bn across 226 transactions, which surpassed the £43.8bn se...

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