Industry panel says growth in market has led to an increase in schemes looking to buyout
Hymans analysis shows total PRT volumes in 2024 expected to amount to £47.6bn
Consultancy says total market volumes of £40bn a year likely to become the ‘new norm’
Hymans expects more insurers will develop ‘dedicated’ solutions for small schemes
Consultancy forecasts the total number of insurers will rise to 11 by the end of the year
In a year of uncertainty and volatility, the risk transfer market gave security and stability to thousands