Pension Risk Transfers Continue to Skyrocket in Q1
PRT sales have broken records yet again, as the market grew another $6.3 billion in the first quarter of this year, according to LIMRA.
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PRT sales have broken records yet again, as the market grew another $6.3 billion in the first quarter of this year, according to LIMRA.
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.
Just Group complete deal with the BUT Retirement Benefit Scheme
Swiss Re’s recent innovative ILS deal, completed with JP Morgan and designed to help the reinsurer manage its capital, has the potential to grow the sector exponentially, says one of the industry’s pioneers Dirk Lohmann, speaking ahead of the conference Re/insurance Outlook Europe, being held in Zurich in June.
Prudential executives are touting a long-term focus, including new products, while Wall Street analysts want to see stronger financials.