New entrants to UK bulk annuity underlines growth potential: Fitch
Reinsurance News - Jul 25, 2024
The growth potential of the UK bulk annuity market has been highlighted by a wave of new entrants, according to Fitch Ratings. Steep interest rate rises in 2022-2023 boosted pension scheme funding levels, making it more affordable for corporates to transfer their pension liabilities to insurers. Mut...
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