By Venilia Amorim2021-02-11T13:56:00+00:00
Recent analysis by Hymans Robertson shows that £1trn (€1.13trn) of risk from defined benefit (DB) pension schemes is expected to have been insured by the end of 2031.
The analysis showed that since the pension risk transfer market took off in 2007, buy-ins/buy-outs (£180bn) and longevity swaps (£110bn) have already insured £300bn of risk from DB pension schemes.
Further analysis by the consultancy points to an additional £700bn of DB pension scheme risk being insured by the end of 2031, resulting in a total of £1trn by then.
Despite a global pandemic, the total value of risk transfer transactions for 2020 was around £30bn – the second biggest year for the bulk annuity market.
New paperboard innovation launched for fresh produce
Paper-based packaging leader, Graphic Packaging International ( Graphic Packaging ) is proud to announce the launch of ProducePack, a sustainable paperboard packaging range of solutions for fresh produce.
Aligned with Graphic Packaging s Vision 2025 to be better stewards for the environment, the innovative carton offers brands and retailers an eco-friendly solution for a variety of applications with an artisan look that protects, preserves and presents fresh produce, from field to store. ProducePack, available in multiple different configurations and structures, can offer comfortable carrying handles, beautiful branding and product differentiation in the otherwise monotonous produce aisle.
Additionally, ProducePack offers another level of hygiene protection as the produce is prepacked and can reduce excessive handling in store.
Graphic Packaging International Launches Paperboard Innovation ProducePack™ For Fresh Produce
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ATLANTA, Feb. 8, 2021 /PRNewswire/ Paper-based packaging leader, Graphic Packaging International ( Graphic Packaging ) is proud to announce the launch of ProducePack™, a sustainable paperboard packaging range of solutions for fresh produce.
(PRNewsfoto/Graphic Packaging International)
Aligned with Graphic Packaging s Vision 2025 to be better stewards for the environment, the innovative carton offers brands and retailers an eco-friendly solution for a variety of applications with an artisan look that protects, preserves and presents fresh produce, from field to store. ProducePack, available in multiple different configurations and structures, can offer comfortable carrying handles, beautiful branding and product differentiation in the otherwise monotonous produce aisle. Additionally, ProducePack offers another level of hygi
The water authority says Graphic Packaging International is helping them with the process. Author: Wanya Reese Updated: 6:59 PM EST February 1, 2021
MACON, Ga. The Macon Water Authority is dealing with two major recent spills from a local company. Between January 17- 20th and January 24th, the Macon Water Authority reported major spills from Graphic Packaging International (GPI). It is primarily waste cellulose fiber from their process, Executive Vice President of Field Operations for the Water Authority Ray Shell said.
According to documents sent into our newsroom, 104.4 million gallons of effluent discharged into the Ocmulgee River from the Rocky Creek Water Reclamation Facility off Mead Road. Ray Shell with the Water Authority says the water is still safe to use.