Pension risk transfer market to hit £30bn over the next year
Reinsurance News - Nov 17, 2022
The UK’s Pension Insurance Corporation (PIC) is predicting a pension risk transfer (PRT) market of £30bn over the next year. In its update on the market following the recent volatility, the PIC said that net business premiums during 2022 have been £3.4bn (HY2022: £2.4bn), with a short-term pipeline...
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