Bulk annuity and longevity hedging - H2 2024

We're pleased to share our half-yearly update on the risk transfer market for 2024. In this update, we summarise the activity in the buy-in, buy-out and longevity hedging markets during the second half of 2024, and the year to 31 December 2024 (‘the last year’).

The last year broke records with several ‘largest ever’ titles: the largest number of transactions completed in a single year, the largest value of deals in a six-month period and the largest ever buy-in with a single pension scheme. Insurers continue to innovate and improve processes to be more efficient, resulting in increased capacity and appetite. In total, 299 transactions took place in 2024 with an average size of £160m. 

In this report, our experts explore:

• Bulk annuity deals during 2024
• Bulk annuity volumes by size and number
• Buy-ins: Market share (by value) during the year to 31 December 2024

You can read our full insights here. 

If you have any questions, or would like to discuss anything further, please get in touch.