Insurers set for record 'mega' bulk annuities in 2022

This year’s deals could surpass the £4.7bn high set in a 2019 buyout by Rothesay

James Phillips
clock • 2 min read
LCP partner Charlie Finch
Image:

LCP partner Charlie Finch

This year could see a raft of “mega” transactions breaching previous bulk annuity records, according to Lane Clark & Peacock (LCP) as insurers ramp up capacity and appetite.

The consultancy said insurers had started the year with a greater ability to write individual total volumes of more than £10bn across the year. Alongside a number of large schemes approaching th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Cancer Research UK scheme secures £280m buy-in with Standard Life

Cancer Research UK scheme secures £280m buy-in with Standard Life

BPA deal secures the benefits of 2,800 scheme members

Holly Roach
clock 08 May 2025 • 2 min read
OSG Ship Management scheme secures £16m buy-in with Aviva

OSG Ship Management scheme secures £16m buy-in with Aviva

Full scheme transaction insures the liabilities of 53 members

Holly Roach
clock 29 April 2025 • 1 min read
Gleaner Pension Scheme completes  £7.5m buyout with Aviva

Gleaner Pension Scheme completes £7.5m buyout with Aviva

Transaction secures benefits of all 26 deferred and 95 pensioner members

Jasmine Urquhart
clock 29 April 2025 • 2 min read
Trustpilot