Pension Risk Transfer Costs Rose in May
Milliman index shows that insurers’ appetite for interest-rate risk may be waning.
Milliman index shows that insurers’ appetite for interest-rate risk may be waning.
The $309M transaction moves the liabilities to insurers Legal & General and RGA.
UNITE HERE singles out Brookfield-owned American National Insurance Company as using risky strategies.
The pension fund’s longevity swap agreement covers £1.6 billion in liabilities.
Shipping off DB assets and beneficiaries to insurers can be a tricky business. What about those private equity holdings?
Despite decline, the British market topped £25 billion for the fourth straight year.
Will the PRT be financially solid? Will the sponsor be left worse off? How will transferred beneficiaries fare?
Market conditions could push some plan sponsors to consider risk transfers sooner, but funded status remains a key concern.