With the dust beginning to settle on 2023, and the final deals of the year being hurriedly squeezed into insurer targets, it seems only right to reflect on what has been another incredible year for the risk settlement market.
Despite it being another year of significant volatility in the investment markets, 2023 is set to be a record year for bulk annuities
Half of schemes are targeting buyout, with around £50bn in deals expected by end of year
This is a year where two words have dominated proceedings for smaller transactions ‘streamlined’ and ‘exclusivity’