Pensions
Pension Risk Transfer Market Reaches $26 Billion in Transaction Volume in H1 of 2024
In the U.K. and U.S., large plans are increasingly seeking PRTs.
Tag: LIMRA
Corporate Moves
The Evolution of Insurance in the Age of PRT
Private equity investment in the insurance industry is affecting how some view risks in the pension risk transfer market, while others say it will broaden the PRT sector’s appeal as a diversification tool.
Pensions
Pension Risk Transfer Premiums Reach $14.6 Billion in Q1
146 contracts were sold in the quarter, a 26% increase from Q1 2023 and an all-time record.
Pensions
US PRT Premiums Increase 53% From Last Year in Q4 2023
Pension risk transfer premiums hit $12.7 billion last quarter.
Newsmakers
Favorable Economic Conditions Fuel Q3 Rise in Annuity Sales
Registered index-linked annuity sales hit a new quarterly record at $12.6 billion.
Pensions
PRT Sales Set New Q1 Mark at $6.3 Billion
Early data for Q2, including an $8.05 billion transfer by AT&T, keep buy-outs in 2023 far ahead of last year’s pace.
Newsmakers
US Single-Premium Buyout Sales Set Record in 2022
2022 was a banner year for risk transfers, setting records in total dollar volume, contracts signed and single-premium buyout deals as rates rose and funding statuses improved.
Pension Risk Transfers: What to Watch Out For
Will the PRT be financially solid? Will the sponsor be left worse off? How will transferred beneficiaries fare?
Pensions
US Workers Could See a Reduction in Promised Social Security Benefits by 2034
CBO forecasts 23% Social Security shortfall if no tax increases, benefit cuts or some combination are made before then.
Pensions
US Single-Premium Buy-Out Sales Set Record in Q3 ’22
U.S. single premium buy-out sales are poised to set new records for 2022, as the third quarter delivers $26.15 billion in buy-out transaction volume.
Research
What Would It Take for Corporate Plans to Get Fully Funded?
Employer contributions of 5% of cash flow could elevate half of them in three years, says a Russell Investments study.
Risk
US Pension Risk Market Sales See Record-Breaking Q2
Buyout sales increase by triple-digit percentage points for second consecutive quarter.
Risk
Athene, Now Part of Apollo, Was the PRT Champ of 2021
A huge transfer from Lockheed cemented its lead, says S&P, as pension shifting grows.