Existing LGIM client agrees deal for 2,000 pensioner and deferred members
Pensioner-only transaction forms part of insurer’s first half bulk annuity deals
Deal agreed 13 years after first buy-in between the scheme and insurer
Small scheme succeeds in crowded bulk annuity market with streamlined solutions
Insurer says it will remain patient to ensure new business returns are appropriate
Insurer sees subdued start to the year in similar experience to wider market
31-member deal comes after enhanced covenant and security package from sponsor
Childcare safety product vendor insures 300 pensioner members in just 11 days
Continuing demand for longevity risk insurance products perseveres throughout volatility
Quieter H1 market due to busy second half last year and well-prepared schemes could benefit