Increased insurer competition for smaller BPA transactions in 2025, Aon finds

Consultancy’s risk settlement update shows majority of transactions completed were under £100m

Martin Richmond
clock • 2 min read
Increased insurer competition for smaller BPA transactions in 2025, Aon finds

There was increased competition for smaller bulk purchase annuity (BPA) transactions in 2025, Aon says.

The consultancy's 2025 UK Risk Settlement Market Update – published today (30 March) – revealed smaller transactions had seen increased competition, with several insurers quoting on transactions un...

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