Medical underwriting is not new to the bulk annuity transfer market, having been used by life insurers in recent years to price typically smaller schemes. It can also be used, though, to manage risk concentration in larger schemes through top-slicing, says Costas Yiasoumi
Phil Jeynes looks at the customer journey when applying for protection insurance, and asks what can be learned from other industries while growing the market in the process
People looking to transfer their defined benefit (DB) pension schemes to defined contribution (DC) schemes need to understand the pros, cons and risks of the choices they make, warns the IFoA.
Insurers are more worried about what else regulators might have in store for them rather than how the incoming Solvency II capital rules might impact their business, a survey by actuarial consultants OAC found.
