It's been a busy month for the North American de-risking market. In March, Global Pensions reported the start of the buy-in/buyout market in the US was imminent, and likely to emerge before the end of the year. It appears we were right.
Prudential announced the first US buy-in in May. The firm said it had entered into a $75m risk transfer deal with Hickory Springs Manufacturing Company, which signed on as Prudential’s first client...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
