Record-breaking H1 in risk transfer market with 134 buy-ins completed

Hymans Robertson expects more than 250 deals to complete by the end of 2024

Jonathan Stapleton
clock • 2 min read
James Mullins: Insurers have demonstrated that they can handle record buy-in transaction numbers. The question now is how well the insurers will be able to cope with transitioning all the buy-in into buyouts.
Image:

James Mullins: Insurers have demonstrated that they can handle record buy-in transaction numbers. The question now is how well the insurers will be able to cope with transitioning all the buy-in into buyouts.

The first half of 2024 was a record-breaking period in the risk transfer market – with 134 buy-ins worth a total of £15.2bn completed, Hymans Robertson research reveals.

The consultancy's latest risk reduction report, published today (18 October), said this was the highest number of transactions ever recorded in a six-month period and noted it expected more than 25...

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

Six BPA insurers wrote deals of more than £5bn for first time last year

Six BPA insurers wrote deals of more than £5bn for first time last year

LCP says last year ‘most competitive year ever’ for BPA insurers

Jasmine Urquhart
clock 27 March 2025 • 2 min read
Webinar: Assessing the benefits of run-on – Register now

Webinar: Assessing the benefits of run-on – Register now

How run-on can work in practice and the key considerations for trustees and sponsors

Professional Pensions
clock 27 March 2025 • 1 min read
Rothesay publishes full-year trading update revealing £15.7bn of business in 2024

Rothesay publishes full-year trading update revealing £15.7bn of business in 2024

Deals include a £9.6bn NatWest transaction and the firm’s Scottish Widows acquisition

Jonathan Stapleton
clock 27 March 2025 • 2 min read
Trustpilot