All Insurance articles
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NewsBrookfield to enter UK market through £2.4bn Just Group acquisition
North American insurance giant Brookfield will buy Just Group in a £2.4bn deal to establish itself in the UK bulk annuity market.
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NewsUtmost reports four buy-ins for smaller pension schemes in busy first half
The deals total £177m and follow the insurer’s entrance into the UK market last year.
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NewsEuropean insurance giant acquires Pension Insurance Corporation in £5.7bn deal
Pension Insurance Corporation, the specialist bulk annuity provider, has been acquired by European insurance giant Athora in a deal worth an estimated £5.7bn.
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NewsAviva delivers £249m buy-in for packaging company pension scheme
The transaction secures the benefits of more than 3,500 members of the Molins UK Pension Fund, sponsored by Mpac Group.
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NewsPIC seals triple buy-in for energy tech schemes worth £900m
Source: Baker Hughes A gas turbine operated by Baker Hughes Energy technology company Baker Hughes has insured three defined benefit pension schemes with Pension Insurance Corporation (PIC) in deals worth a combined £900m.
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NewsRoyal London targets UK infrastructure with Dalmore acquisition
The acquisition will boost Royal London’s UK infrastructure investment capabilities, bringing on board 130 infrastructure assets across five funds worth £6bn in total.
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NewsInvestment rule change for insurers could aid buy-in pricing
Pension insurers could soon be given new investment flexibilities designed to boost their ability to allocate to UK assets – a move that could improve bulk annuity pricing.
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NewsLloyds ringfences £5.1bn with two longevity swaps
Two defined benefit (DB) pension schemes sponsored by Lloyds Banking Group have agreed longevity insurance and reinsurance arrangements.
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NewsBT Pension Scheme agrees longevity swaps worth £10bn
The UK’s largest corporate defined benefit (DB) pension scheme has struck two longevity reinsurance deals worth a combined £10bn.
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In DepthIn Depth: The growth goal - insurance, pensions, and productive finance
Major regulatory moves over the past few years coming to fruition in 2025 could help pension schemes and insurers invest substantially in the UK to support the government’s growth agenda. Leading insurance and pension industry expert Francis Richard Pereira explores how these changes intersect and the opportunities they present.
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NewsMining giant Anglo American seals triple buy-in with L&G
L&G has completed £1.2bn worth of bulk annuity deals so far this year and is “actively pricing” on other deals worth a combined £17bn.
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OpinionRecognising the role of annuities in the UK’s growth agenda
Hetty Ahern of the Association of British Insurers explores how the insurance sector can – and does – support the UK’s growth investment agenda.
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In DepthIn Depth: Will a rise in run-on strategies affect bulk annuity demand?
Pensions Expert explores how DB schemes’ increased interest in running on and generating a surplus could affect the bulk annuity market.
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NewsBrookfield gets green light from UK regulators to enter bulk annuity market
Plus: Utmost strikes investment partnership with Schroders; Just insures careers charity pension scheme for £2.8m.
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NewsBulk annuities latest: M&G, L&G and Just seal full scheme buy-ins
M&G has insured a defined benefit (DB) pension scheme sponsored by an unnamed asset manager for £111m.
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News
Bulk annuities latest: Utmost to overhaul IT infrastructure
Plus, buy-in deals sealed by Standard Life and Legal & General worth a combined £620m.
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NewsCompetition for small scheme bulk annuity deals increasing, data shows
Plus: Royal London lands buy-in deals with Lufthansa schemes and PIC insures financial regulator’s pension plan.
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FeaturesInnovation needed to stop illiquid assets delaying bulk annuities
Consultancy giant Aon has written to insurers calling for more innovation on tackling illiquid assets held by pension schemes approaching the bulk annuity market.
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NewsL&G insures Sanofi pension fund for £1.4bn
Legal & General (L&G) has completed a £1.4bn buy-in with the Sanofi Pension Scheme, sponsored by French pharmaceutical giant Sanofi.
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News2024 was record year for bulk annuities, data shows
Preliminary data on bulk annuity transactions shows that approximately £52bn worth of deals were completed last year – a new record.