David Richardson

New board will look at DB policy, bulk purchase annuities and investment

Insurer said the drop was due to a ‘lack of large deals’ but expects ‘increased market opportunity’ in 2026

Results show firm’s DB business had written or is exclusive on £0.4bn, with ‘strong pipeline’ of transactions

Insurer says it completed a record 129 de-risking transactions throughout the year

Organisation said it has seen ‘strong momentum’ during the first half of the year

Group now accounts for one third of all de-risking transactions in the market

Insurer’s results show sharp growth in underlying operating profit

Insurer reveals it completed 80 risk reduction deals in 2023 which totalled £3.4bn

L&G and Just post strong risk transfer business in first half of 2023

The firm put the growth largely down to its proprietary bulk quotation service