bulk annuity
Industry
Aviva’s bulk purchase annuity volumes increased 55% to £4bn in the year to 31 December 2019 its full year results reveal.
05 March 2020
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1 min read
Risk Reduction
Scottish Widows completed five bulk annuity transactions in 2019, with liabilities insured exceeding £2bn.
21 February 2020
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1 min read
Risk Reduction
The ESAB Group (UK) Limited Pension & Life Assurance Scheme has purchased a £255m full buy-in with Rothesay Life, covering benefits for all 900 members of the scheme.
16 December 2019
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1 min read
Risk Reduction
The value of UK bulk annuity deals is set to quadruple in the 2020s when compared to this decade, Mercer has predicted.
09 December 2019
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2 min read
Risk Reduction
The National Grid UK Pension Scheme has agreed its second buy-in this year, transferring £1.6bn of pension risk to Legal & General (L&G).
26 November 2019
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1 min read
Defined Benefit
Without specialist help, smaller DB schemes are being left behind in a bulk annuity market increasingly focused on mega-deals, says Rob Dales.
25 November 2019
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3 min read
Risk Reduction
Pension Insurance Corporation (PIC) has agreed a £750m bulk annuity transaction, converting a pensioner longevity swap held by the Scottish Hydro Electric Pension Scheme (SHEPS) into a buy-in.
13 November 2019
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2 min read
Risk Reduction
Aviva Life and Pensions UK has completed a £1.7bn bulk annuity buy-in with the Aviva Staff Pension Scheme.
24 October 2019
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1 min read
Risk Reduction
Small schemes are facing “obvious challenges” in grabbing insurer attention as “jumbo” deals are beginning to typify the bulk annuity market, Aon says.
21 October 2019
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2 min read
Risk Reduction
FTSE 100 risk settlement transactions have reached £70bn as a third of these firms remove longevity risk, according to Aon.
09 October 2019
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1 min read
