Risk
Pension Risk Transfer Contracts Hit Record Numbers in 3Q
Dollar volume lagged, but that may be a sign of smaller plans’ increased use of PRTs.
Dollar volume lagged, but that may be a sign of smaller plans’ increased use of PRTs.
Companies that sold their plan liabilities to insurers set records for dollar volume and deal numbers in the first half of 2023, per an Aon study.
White House wants new variable-rate premium, saying that would help stave off insolvency for 20 years.
Companies are increasingly considering annuitization and lump sums due to sharply rising premiums.