BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

Aon risk settlement update shows growth particularly in sub-£100m segment

Holly Roach
clock • 1 min read
BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

The bulk purchase annuity (BPA) market saw 293 transactions in 2024, largely driven by streamlined offerings and increased insurer competition, Aon says.

The consultancy's 2024 UK Risk Settlement Market Update shows there was particular growth in the sub-£100m segment, with 78% of all transactions during the year under £100m. It also showed sever...

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