Page 28 - Milliman Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article SEATTLE, May 4, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the fourth quarter (Q4) 2020 results of the Milliman Mortgage Default Index (MMDI), which shows the latest monthly estimate of the lifetime default risk of U.S.-backed mortgages. During Q4 2020, mortgage demand remained strong, with mortgage volume for government-sponsored enterprise (GSE) acquisitions (purchased and refinanced loans backed by Freddie Mac and Fannie Mae) increasing more than 132% year-over-year. Approximately 71% of GSE m...

Roller-coaster year yields lower pension expense despite liabilities going higher Zorast Wadia called the results ‘really something special’ given the unique challenges last year posed. The largest U.S. corporate pension plans finished 2020 with a higher funding deficit than a year before but also managed to come out of the year with a higher funding ratio and lower aggregate pension expense, as returns exceeded expectations and discount rates fell significantly, said Zorast Wadia, the New York-based principal and consulting actuary and co-author of Milliman Inc.'s corporate pension fundi...

The retirement funds of the top 100 U.S. public companies have ratcheted up their fixed-income allocations to a record level.

Share this article Share this article SEATTLE, April 26, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. During March, the average estimated cost to transfer retiree pension risk to an insurer rose slightly, from 102.1% of a plan's total liabilities to 102....

Share this article Share this article SEATTLE, April 19, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the first quarter 2021 results of its Public Pension Funding Index (PPFI), which consists of the nation's 100 largest public defined benefit pension plans. In 2021, public pensions have continued their strong recovery from a year prior, with the funded status of the Milliman 100 plans increasing to 79.0% as of March 31, up from 78.6% at the end of December 2020 and 66.0% in Q1 2020. The Q1 2021 funded ratio is the highest recorded in the...