The UK's buyout sector went through a period of dynamic growth in the middle part of this decade, as Legal & General and Prudential's duopoly was broken by a number of new entrants.
Some of these new players have either stopped writing new business or withdrawn from the market altogether, but Pension Corporation has continued to write deals even in the volatile conditions of the past 18 months.
Life & Pensions talks to Pension Corporation's chief financial officer, Rob Sewell, about how the impact of developments such as the emergence of longevity swaps, and an increased focus on credit risk, have affected the UK pension buyout market.
More on Insurance
Insurers see stock prices dip after restating expectations
Consultation responses expose fault lines between banks and insurers
Hill Dickinson lawyer outlines his view
Cross-currency swaps could become more expensive as firms' demand increases
Sign up for Risk.net email alerts
Sponsored video: Prudential
Sponsored video: IBM
UK insurer plans wider range of investments for annuity fund
Insurance companies could move into air finance and shipping, says SG's Viet
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.