Risk settlement market to exceed £45bn for 2021

Aon said the pattern of bulk annuity deals has been ‘unusual’ but expects a busy second half

Holly Roach
clock • 3 min read
Aon estimated the market will surpass the £45bn mark for the third year in a row
Image:

Aon estimated the market will surpass the £45bn mark for the third year in a row

The UK risk settlement market is likely to exceed £45bn by the end of 2021, according to Aon.

The consultant said the market was "relatively subdued" in the first half of 2021 when compared with other years, with only £7.7bn of bulk annuity deals completed. However, the firm said "the pa...

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

More on Risk Reduction

Schemes urged to 'tackle the tough questions' when deciding endgame strategy

Schemes urged to 'tackle the tough questions' when deciding endgame strategy

LCP urges stakeholders to ‘grasp the nettle’ to avoid ‘sleepwalking’ into endgame strategy

Jonathan Stapleton
clock 19 November 2024 • 2 min read
Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Transaction secures the benefits of 161 retirees and 238 deferred members

Holly Roach
clock 14 November 2024 • 2 min read
UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

Insurer’s largest risk reduction deal to date secures benefits for around 22,500 members

Martin Richmond
clock 14 November 2024 • 4 min read
Trustpilot