longevity swap
Risk Reduction
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
07 July 2020
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3 min read
Risk Reduction
Covid-19 has caused a slowdown in the number of bulk annuity transactions, with buy-ins and buyouts expected to amount to a maximum of £25bn this year, Willis Towers Watson says.
22 June 2020
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2 min read
Risk Reduction
With bulk annuity markets becoming increasingly busy before Covid-19, James Geer looks at what steps trustees can take to improve their chances of transacting.
29 May 2020
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4 min read
Risk Reduction
While market conditions may have put a dent in your de-risking plans, there is still plenty of preparation you can do and opportunities to take advantage of, says Michael Abramson.
23 March 2020
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6 min read
Risk Reduction
Very few schemes have protection in place against longevity risk in their scheme liabilities. Howard Kearns explains why and how to rectify this
29 January 2020
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4 min read
Risk Reduction
Three Lloyds Banking Group pension schemes have transferred £10bn of longevity risk to Pacific Life Re in the second-largest longevity swap ever.
29 January 2020
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3 min read
Risk Reduction
Zurich has agreed to insure £800m of longevity risk for the pensioners of a FTSE 100-sponsored pension scheme.
17 December 2019
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2 min read
Industry
This week's top stories included the government admitting that expatriate pensioners across the UK and EU may lose access to their pensions if Brexit negotiations conclude with no deal.
24 August 2018
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1 min read
Risk Reduction
Legal & General (L&G) has entered the small scheme longevity insurance market after completing a £300m longevity swap with a pension fund.
22 August 2018
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2 min read
Risk Reduction
Around £8bn of buy-ins and buyouts were completed in the first half of this year, writing the highest volume of deals of any first half to date.
09 August 2018
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3 min read
