All longevity swap articles
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Analysis
IPE UK Briefing: Government’s growth ambition for the UK
Plus: LGPS consolidation plans; Longevity swaps
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News
Lloyds Banking Group pension funds strike two more longevity swaps
The third and fourth longevity hedging transactions protect in aggregate a further £5.1bn of scheme liabilities
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News
BT Pension Scheme completes two longevity swaps totalling £10bn
The arrangements cover BTPS pensioner liabilities of £5bn with Swiss Re and increase existing cover with RGA by £5bn
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News
Airways Pension Scheme completes £340m longevity swap
The deal is an insurance arrangement between scheme trustees and Zurich UK, and a back-to-back reinsurance arrangement between Zurich UK and MetLife
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News
Merchant Navy Ratings Pension Fund completes £450m longevity swap
Transaction is structured as an insurance contract with a captive insurer in Guernsey
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News
MMC UK Pension Fund completes first active member longevity swap
Following this transaction, nearly all of the MMC UK Pension Fund’s DB sections’ longevity risk is now insured
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News
BT Pension Scheme signs £5bn longevity swap deal
The deal signed with Reinsurance Group of America will cover £5bn of BT pensioner liabilities
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News
Nationwide Pension Fund completes £1.7bn UK longevity risk transaction
Plus: DWP publishes review of pension transfer regulations; NEST reappoints TCS for admin services
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News
UK bank pension scheme in £1.6bn longevity swap deal
Plus: Repsol Sinopec completes £160m full scheme buy-in with Rothesay
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News
Bulk annuity volumes reach £27.8bn, according to Aon
LCP and Hymans Robertson numbers differ slightly, but point to same upward direction
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News
UK roundup: Balfour Beatty in £1.7bn longevity transaction
Plus: Room for improvement on pension funds’ sustainability strategies
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News
PartnerRe in £1bn longevity swap deal with UK Fortune 500 scheme
Plus: TT Group scheme in £400m buy-in deal with Legal & General
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News
UBS UK scheme extends longevity hedge by £500m
The longevity swap was adapted to cover the scheme’s DB deferred members over age 60 – a market first
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Opinion Pieces
Viewpoint: Modelling a longevity shock – A £1bn scheme would need to find £120m
By Howard Kearns, longevity pricing director at Insight Investment
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News
2021 UK pension risk transfer volumes hit £43.9bn with record ‘core’
It’s a wrap! Consultancies report on market after insurers publish final annual results
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News
Lloyds Banking Group agrees £5.5bn longevity swap
Scottish Widows acts as an intermediary insurer while SCOR provides 100% reinsurance coverage
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News
Phoenix Group completes $2.4bn longevity reinsurance transaction
Plus: Northern Bank completes two buy-ins with Aviva
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News
Metlife, Zurich complete $3.5bn longevity swap
Plus: IMI pension fund in buy-in deal with PIC, Just Group completes £345m buy-in transaction
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News
2021 busiest year for de-risking despite headwinds, says WTW
Recorded totals of just under £30bn of bulk annuities and £15bn of longevity swaps
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News
ICL Group scheme strikes £3.7bn longevity hedge
The hedge covers pensions in payment for approximately 9,000 members and provides long-term protection against additional costs