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

Superfunds to take on 'more leading role' in risk transfer

Superfunds to take on 'more leading role' in risk transfer

Hymans Robertson says ‘changing market dynamic’ will boost the role of superfunds

Jasmine Urquhart
clock 20 November 2024 • 1 min read
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
Trustpilot