UK. Pension risk transfer market set to reach £70bn in 2026
The value of deals completed in the UK’s pension risk transfer market is expected to reach £70bn in 2026, according to WTW’s annual De-risking Report. Total risk transferred to insurers and reinsurers was forecast to hit £70bn, an increase of 15 per cent year-on-year. Last year, the UK’s total risk transfer market crossed the line of £500bn worth of transactions since the market was founded, WTW said, and the firm’s report indicated that growth was set to continue. WTW said the bulk annuity...
