
Forget flying cars and robotic maids – the future of smart homes is already here, nestled neatly in your smartphone and whispering convenience through voice assistants.Interestingly, 2024 promis
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Bermuda-based InEvo Re, a reinsurer established by Macquarie Asset Management, has entered into an agreement with a leading UK insurer to reinsure their PRT liabilities, including both pensions in pay
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Law firm Arthur Cox has appointed Ailish Finnerty as the firm’s next Chair. Finnerty will take up the position on 31st March 2025, succeeding Orla O’Connor, who is completing her six-year term as Chai
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Lloyds Banking Group Pensions Trustees Limited has entered into two new longevity insurance and reinsurance arrangements to further protect the Lloyds Banking Group pension schemes from the cost of un
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Analysis by Lane Clark & Peacock (LCP) shows that 2024 was another strong year for the UK pension risk transfer market, with a record-breaking 298 buy-ins / outs totalling £47.8bn plus £0.8bn of s
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The Clark & Butcher Limited Pension Scheme has completed a £2m full scheme bulk purchase annuity buy-in transaction with Just Group.
“We are pleased to announce the successful completion of this
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The latest results of the Milliman Pension Buyout Index (MPBI) suggest that during February, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process ticked u
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Actuarial Risk Management Ltd, a provider of advisory actuarial consulting services, is expanding its presence in the life settlement industry with the addition of Liam Bodemeaid.
Based in ARM’s new
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There were 299 defined benefit pension scheme buy-ins completed in 2024 – the largest ever number of transactions completed in a single year, according to analysis by Hymans Robertson. This is an incr
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Fortitude Re has closed a $4bn reinsurance transaction between its subsidiary, Fortitude International Reinsurance Company Ltd. and Taiyo Life Insurance Company.
Under the transaction, which is effec
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The BT Pension Scheme, one of the UK’s largest private sector pension schemes with around 260,000 members and some £36bn of assets under management, recently completed two longevity reinsurance transa
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Anglo American Services (UK) Ltd has completed buy-ins totalling £785m for three pension schemes it sponsors – the Tarmac UK Pension Scheme, the Tarmac ‘B’ Pension Scheme and the Anglo UK Pension Sche
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Earlier this month, Brookfield, under its Brookfield Wealth division, announced that it was entering the UK’s pension risk transfer (PRT) market, having gone through the approval process carried out b
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