M&G announces third bulk annuity deal since re-entering market

Insurer signed a £309m deal with unnamed scheme on 15 March

Jonathan Stapleton
clock • 1 min read
M&G announces third bulk annuity deal since re-entering market

M&G signed a third bulk annuity deal with a £309m premium on 15 March 2024, the firm’s results for the year to 31 December 2023 reveal.

It said it now expected to achieve £1bn to £1.5bn in bulk annuity sales per annum going forward. Today's announcement comes after M&G announced its re-entry to the bulk annuity market with the c...

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