Life/Health/Critical illness

Guernsey Bulk Annuities Event Fast Approaching

Guernsey has seen a surge of pension longevity risk transfer deals over the past 18 months which have continued through Covid-19 uncertainty. In the last five years, a number of pension schemes of well-known companies […]

Life/Health/Critical illness

Life & Pensions: CMI Publishes Mortality Rates for UK

The Continuous Mortality Investigation (CMI) has released the latest annual update to the CMI Mortality Projections Model, CMI_2020. Mortality rates in England and Wales in 2020 were on average 12% higher than in 2019 because […]

Insurance & Reinsurance

Riskbook Just Got Superceded, And It’s a Good Thing

Supercede is a powerful, Lloyd’s-approved, data-centric, global trading platform, specifically created for the reinsurance sector. It is a natural evolution of Riskbook’s offering as the first independent, hyperconnected reinsurance marketplace for the efficient matching of […]

UK Insurance Trends

L&G Completes APP Transaction & Invests In Social Housing

Legal & General Assurance Society (“LGAS”) today announces that it has agreed a c.£400m Assured Payment Policy (APP) transaction with the Legal & General Group UK Senior Pension Scheme (the “Scheme”). The innovative de-risking transaction […]

Global insurance trends

Sapiens Signs Deal With Altshuler Shaham

Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, announced today that it has been selected to automate and operate Altshuler Shaham’s provident and pension funds for the next three years. […]

Global insurance trends

WTW Snapshot on Bulk Annuities, Superfunds To Debut in `21

The bulk annuity market has shown great resilience throughout this year’s turmoil with over £30bn of buy-ins and buyouts completed, according to Willis Towers Watson.  The longevity swap market has also been very busy, with […]

Insurance Regulation

FCA Bans Two IFAs Over SIPP Rules Breaches

The FCA has banned Peter Howson and John Butterfield from performing any regulated activity because of their roles in the submission of false and misleading information about customers’ high net worth status.  Mr Howson and […]