More than a dozen schemes are undertaking medically underwritten buy-ins with Partnership, after the first two ‘enhanced' buy-ins were completed by the insurer last year.
Total bulk annuity business in by the end of 2012 was £4.4bn, compared to £5.2bn in 2011, Aon Hewitt research shows.
The Chamber of Shipping Retirement Benefits Plan has completed its second buy-in this year, paving the way for a full buyout of the scheme.
Pension Insurance Corporation saw a surge in profits last year after writing £1.5bn in new business.
The longevity swap market appeared to dry up in 2012, as new business dropped by more than two-thirds, according to data from Legal and General.
Engineering giant GKN has split its UK defined benefit scheme into two in its latest annual move to curtail scheme deficits and reduce risk, its 2012 final results reveal.
Stock market gains over the last two months have reduced deficits and put buyouts within reach of more schemes, says Aon Hewitt.
Rothesay Life has refinanced £100m of debt with MassMutual, a US mutual life insurer.
Partnership has completed two medically underwritten buy-ins in a development academics say could kick-start a £380bn market.
The SR Technics UK scheme has avoided entering the Pension Protection Fund after it was cut adrift of its sponsoring employer as part of a corporate restructuring.