Tag Archives: BErmuda
Aegon to become “TransAmerica” and dispose of Aegon UK
Aegon “considers” putting UK business up for sale The business said it would begin a strategic review of Aegon UK on the day that Cushon was bought by WTW. The more restrained report “consideration” while Citywire simply reports what is … Continue reading
BOE concern over US private capital taking pensions off to Bermuda
The FT are picking up on a speech by the Bank of England You can read that speech here Vicky White highlights new innovations in the UK life insurance sector, focusing on Funded Reinsurance and capital in the Bulk Purchase … Continue reading
Worries over Bermuda must be worries for “UK pension end-game”.
I have been sent this article. I would be interested in thoughts from readers, it disturbs me (published as received). Bermudian life reinsurance stress test reveals recapture and recovery worries The vast majority of Bermuda’s life reinsurers have survived a … Continue reading
Posted in pensions
Tagged BErmuda, Life Reinsurance, pension, Private Equity, reinsurance, UK
2 Comments
If we’re to reinsure our pensions let’s use “Bermuda on Thames”
Right now, we aren’t just swapping pension assets for insurance policies, we’re sending much of the value of the insurance to Bermuda. London is no longer taking the risk and reward of insuring us against our living too long, … Continue reading