U.S. pension risk transfer premiums rose slightly in December ... “After a quiet fourth quarter, the pipeline for January and February PRT deals is very active. With a new year and a new ...
Plaintiffs and the PRC claim that ERISA requires plan sponsors to select "the safest possible annuity" when making pension risk transfer deals ... for retirees." PRT deals have become big business ...
In addition to the pension risk transfer stake, Japanese insurer Meiji Yasuda will acquire all of L&G’s U.S. protection business in a total $2.3 billion deal.
“Like the 401(k) fee class actions that came before them, this new wave of pension risk transfer litigation appears to be the ... The industry groups further argued that allowing the anti-PRT ...
From a sales standpoint, a lot went right for Prudential Financial in Q4, and the year as a whole. Life sales and PRT deals, in particular.
Companies shifting pension assets en masse to insurers seems to be a trend that will not buck anytime soon in the U.K., ...
Legal & General has agreed to sell its US insurance entity, comprising its US protection and US Pension Risk Transfer ...
Legal & General Group (OTC:LGGNY) has agreed to sell its US insurance entity, comprising its US protection and US Pension ...
The companies will also form a strategic partnership, with Meiji Yasuda taking a 20% stake in L&G's U.S. pension risk transfer (PRT) business, and the Japanese insurer planning to acquire around a 5% ...