Hymans Robertson, a consultancy that facilitates pension risk transfer solutions including longevity swap and reinsurance transactions, has named Michael Abramson as a Partner and Risk Transfer Specialist, joining the company from Prudential.
With the pensions and longevity risk transfer market slated to grow again in 2018, Hymans Robertson has been growing its team with a number of senior hires in recent months.
Abramson, who will be based in London, has around 15 years of experience in consulting and insurance or reinsurance, having worked on some of the largest pension risk transfer deals and also longevity hedging arrangements.
At Prudential, his most recent role, Abramson was Director of Wholesale Transactions responsible for its bulk annuity team and working on over £5 billion of longevity hedging on its annuity back book. Before that, Abramson held a number of senior roles in both Legal & General’s bulk annuity team and at consultant Mercer.
James Mullins, Partner and Head of Risk Transfer Solutions at Hymans Robertson, commented on the hire, “Michael’s fantastic credentials mean he will be a first class addition to our fast-growing risk transfer team. The experience he brings from the highest-profile transactions will enable us to further extend our outstanding risk transfer advice in what we expect to be a record breaking year in this area.”
Michael Abramson, Partner and Risk Transfer Specialist, added, “Hymans Robertson’s risk transfer practice stands out by its commitment to provide tailored transaction advice to each client. I am thrilled to be joining the team at such an exciting time for risk transfer. I look forward to driving many more ground-breaking transactions and working to capture the best risk transfer solutions for our clients.”
Hymans Robertson hired a longevity swap expert in January.
Read about many historical longevity swap and reinsurance transactions, in our Longevity Risk Transfer Deal Directory.