
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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Industry group the Life Insurance Settlement Association has elected Neal Jacobs, Senior Managing Director of Capital Markets at Coventry, as its new board Chair.
Jacobs succeeds John Dallas, CEO of
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Homeowners aged 62 and older in the US saw their housing wealth increase by $600bn in the second quarter of this year, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage
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The Retreat York Pension Scheme has completed a £30m full scheme bulk purchase annuity buy-in transaction with Royal London. The deal secured the benefits of 202 pensioners and 108 deferred members.
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Equitable Holdings has entered into an agreement with Reinsurance Group of America (RGA) to reinsure a diversified block of life insurance products and expand their strategic partnership.
RGA is to r
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The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 101.4% to 101.6% of a plan’s accounting liabilities (accumulated benefit obligation, o
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This year will be a buoyant year for the risk transfer market according to Hymans Robertson, which has published its Risk Transfer Report 2025 today.
The consultancy’s report expects 2025 to have a
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Strong US annuity sales has led to increased formations of sidecars by life insurance companies to manage the growth and maintain risk-based capitalisation levels, with ceded reserves increasing three
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Nationale-Nederlanden (NN Life) has completed a longevity swap reinsurance agreement with Pacific Life Re. The deal covers a €2bn block of in-force individual annuity life policies and includes an ong
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The Geoghegan & Company Staff Pension Scheme has secured a full scheme buy-in with Just Group.
The £1.5m transaction secures the benefits of all eight deferred members and eight pensioner member
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The Deutz Retirement Benefits Plan, sponsored by Deutz AG, a manufacturer of drive systems, has completed a bulk purchase annuity buy-in transaction with Just Group.
The transaction, worth £16m, was
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Total US single-premium pension risk transfer (PRT) premium was $14.2bn in the third quarter, up 36% from prior year’s results, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.
Y
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The Hays Pension Scheme, sponsored by recruitment and workforce solutions provider Hays Group plc, has concluded a £370m buy-in bulk purchase annuity transaction with Pension Investment Corporation.
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