Report

2018 half year market update

Our half year 2018 market update gives includes an overview of the year so far, the pipeline for the rest of the year and a recent case study

With many market participants expecting that buy-in and buyout volumes will top £20 billion in 2018, this is set to be another record breaking year for the bulk annuity market.

Legal & General has already written over £0.5 billion of bulk annuity businessin the first half of 2018,with a strong pipeline for the rest of the year.

This half-year report includes a case study of our recent buy-in transaction with BAA and an update on our PRT business.

Chris DeMarco, Managing Director, UK Pension Risk Transfer comments:

“The extraordinary pipeline is real testimony to the effective work pension schemes, corporate sponsors, advisers and insurers have done over recent years to deal with the defined benefit pensions challenge".

 

You can view the Legal & General Group's 2017 results by visiting our reporting centre.