LIST 2025 reveals insurance sector is ‘resilient’ to a severe financial market stress scenario
Report finds 45% of schemes estimated to be fully funded on buyout basis
LCP finds total market volumes expected to exceed £40bn for third year running
Bulk annuity transaction secures the benefits of approximately 1,300 members
Consultancy expects over 300 transactions worth £40bn to £50bn in 2025
Trustees are reportedly set to transfer a third of scheme assets to purchase buy-in policy
LCP report reveals full buy-in pricing currently sits at its ‘best level in years’
Consultancy says smaller schemes dominated market activity in H1, with £40bn of transactions predicted
FT reports Canadian-based firm has filed paperwork with the PRA to set up UK insurer
Consultancy forecasts the total number of insurers will rise to 11 by the end of the year