Longevity risk transfer news

An archive of all of our news articles on the topic of longevity risk transfer. This chronological archive includes every article on Artemis related to longevity hedging, longevity swaps, pension scheme related longevity deals and all articles related to transferring longevity risks to the capital markets. For the latest news and full coverage visit the homepage.


One-third of FTSE 100 has transferred pension longevity risk: Aon

An impressive one-third of the companies in the UK's FTSE 100 index of leading shares have already transferred longevity risk associated with their pension schemes, according to Aon.The insurance and reinsurance broker said that the 32 FTSE 100 companies that have entered into longevity risk transfer deals, either bulk annuities read the full article →

Attractive pricing to drive further longevity swap deals: Aon

Aon said it is expecting to see a number of large longevity swap transactions completed during the second-half of 2019, as longevity risk transfer and reinsurance pricing remains attractive.Activity has been slower in the longevity swap market for a time, although longevity reinsurance and pension risk transfer activity in general read the full article →

Structures help largest pensions access reinsurance more effectively: Aon

Innovative insurance and reinsurance market regulatory structures help even the largest pension schemes in the world access the reinsurance market more efficiently, broker Aon said.It's interesting, as we spend much of our time writing about how the world's largest pension fund investors can efficiently access the reinsurance market as a read the full article →

HSBC longevity swap a “pivotal moment” for market: Kessler, Prudential

The £7 billion longevity swap and reinsurance transaction that Prudential Financial, Inc. completed recently for the HSBC Bank UK pension scheme is the second largest such arrangement in longevity risk transfer market history.This recently completed transaction marks a "pivotal moment" for the longevity risk transfer community, Prudential Insurance Company of read the full article →

HSBC UK pension gets £7bn longevity swap from Prudential

The UK pension scheme of HSBC Bank has entered into a longevity swap transaction covering £7 billion of its liabilities with The Prudential Insurance Company of America (PICA), part of Prudential Financial, Inc.The longevity swap will help HSBC to manage the longevity risk of roughly £7 billion of pensioner liabilities, read the full article →

PIC sees growing longevity reinsurance market capacity

Pension Insurance Corporation plc, a specialist defined benefit pension fund insurer, said it has increased its use of longevity reinsurance and notes that market capacity is on the rise for deferred pension risks, while standardisation of the transactions is increasing.PIC has been particularly active in insuring pension fund members in read the full article →

Rolls Royce longevity swap restructured as part of record £4.6bn bulk-annuity

The largest bulk-annuity deal in the UK has been completed by Legal & General and the transaction saw aerospace and engineering firm Rolls-Royce's pensioner bespoke longevity swap restructured as part of the arrangement.The UK £4.6 billion deal secures the pension benefits of around 33,000 members of the Rolls-Royce UK Pension read the full article →

Pension Insurance Corp’s longevity reinsurance use expands, seals M&S buy-in

London-based Pension Insurance Corp. (PIC) has again increased the volume of longevity reinsurance it is using, as the firm announced participating in another buy-in, this time for the Marks & Spencer pension fund.Pension Insurance Corp. (PIC) has completed a pension insurance buy-in with the Trustee of the Marks & Spencer read the full article →

PartnerRe expands on Manulife longevity reinsurance deal

PartnerRe has expanded on its recent longevity reinsurance transaction with Canadian insurer Manulife, growing the protection provided to cover around 30,000 annuitants.Bermuda headquartered global reinsurance firm PartnerRe completed in January and announced in March that it had entered into a longevity reinsurance deal with Canadian insurer Manulife covering the longevity read the full article →

Room for capital markets solutions in longevity risk market: Kessler, Prudential

As the longevity risk transfer market continues down its impressive growth path, Amy Kessler, Head of the Longevity Risk Transfer at Prudential Financial, Inc. of the U.S., believes there is room for capital markets solutions to play a role.Following a record-breaking 2018, the longevity risk transfer market is poised for read the full article →