U.S. corporate pension buyouts more than double in Q1 from year earlier – LIMRA
U.S. corporate pension buyout sales totaled $6.3 billion in the first quarter, more than doubling the volume from the same period a year earlier.
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U.S. corporate pension buyout sales totaled $6.3 billion in the first quarter, more than doubling the volume from the same period a year earlier.
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.
U.S. corporate pension plan buyout sales totaled a new all-time high of $48.3 billion in 2022, led by the $16 billion IBM deal.
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.
Several tailwinds are driving record growth in the pension risk transfer market.