2024 was second largest year ever in UK PRT market with £0.5trn in deals predicted over next decade

L&G says global PRT market is on target for a ‘transformative’ period

Martin Richmond
clock • 3 min read
2024 was second largest year ever in UK PRT market with £0.5trn in deals predicted over next decade

2024 was the second largest ever year in the UK pensions risk transfer (PRT) market, with a “record” number of transactions secured, research from Legal & General (L&G) finds.

The firm's Global PRT Monitor report, published today (14 August), revealed the UK last year saw a record 299 buy-in and buyout transactions completed, with six insurers each writing more than £5bn...

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