Reinsurance News


Finance executives highlight pension risk transfer drivers

29th August 2017

Increasing premiums to the Pension Benefit Guaranty Corp. (PBGC), combined with asset-related volatility and increasing life expectancies are amongst the top reasons finance executives transfer pension exposure to an insurer, according to a new survey by CFO Research and Prudential Financial, Inc. A new survey including the responses of 80 senior finance executives at ... Read the full article

Higher U.S. interest rates promote pension-risk transfer

15th March 2017

Higher interest rates could incentivise the growth of U.S. pension-risk transfer business as rate changes make it less expensive for employers to transfer pension obligations, providing a further catalyst in what's become a thriving cross-Atlantic longevity risk transfer business. Chief Investment Officer of United Technologies Corp, Robin Diamonte, told the Wall Street ... Read the full article

Prudential & Rothesay Life in $1.2bn longevity reinsurance deal

10th March 2017

Prudential Financial has completed its sixth major longevity reinsurance transaction with Rothesay Life since 2011, announcing a $1.2 billion (£960 million) deal covering the liabilities associated with 22,500 pensioners, from eight pension plans. The latest longevity reinsurance transaction between the pair sees Prudential Retirement, a unit of Prudential Financial, assume the ... Read the full article