Risk transfer market hitting 'boiling point'

£20bn to £30bn of business could be written in the second half of the year

Martin Richmond
clock • 2 min read
Fantom: We're expecting to see a similar sized market in 2024
Image:

Fantom: We're expecting to see a similar sized market in 2024

The risk transfer market has experienced one of its busiest ever periods in 2023 and is currently hitting “boiling point”, research from Barnett Waddingham has shown.

The consultancy's analysis, which examined existing and predicted deal data from the nine major insurers, revealed the total bulk annuity transaction volumes across the second half of the year are ...

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

Buyout versus run-on – an insurer's perspective

Buyout versus run-on – an insurer's perspective

Buyouts are 'good news' stories for members, trustees, companies and for wider society

John Towner
clock 22 October 2024 • 3 min read
Broadcasting Support Services scheme completes £6m PPF+ buyout with Aviva

Broadcasting Support Services scheme completes £6m PPF+ buyout with Aviva

First Actuarial and BESTrustees worked together with insurer to help secure benefits of 59 members

Jonathan Stapleton
clock 22 October 2024 • 1 min read
Rotork scheme and Aviva agree £70m buy-in deal

Rotork scheme and Aviva agree £70m buy-in deal

Secures the benefits of 19 pensioners and dependants as well as 322 deferred members

Holly Roach
clock 18 October 2024 • 2 min read
Trustpilot