pension risk transfer (PRT)

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F&G Annuities & Life Ranked Among Top Pension Risk Transfer Market Leaders For Fourth Consecutive Year
Prnewswireยท 2025-05-07 20:25
Core Insights - F&G Annuities & Life, Inc. has achieved cumulative pension risk transfer (PRT) sales exceeding $7 billion, maintaining a top 10 ranking in the PRT market for four consecutive years [1][2][3] - In 2024, F&G recorded a record $2.2 billion in PRT sales, marking a 15% increase from 2023, with an additional $300 million in sales in Q1 2025 [2][3] - The company has executed over 30 PRT transactions since entering the market in 2021, serving more than 125,000 participants [2][3] Company Strategy - F&G's PRT track record is a key component of its growth and diversification strategy, with a focus on competitive pricing and a diversified balance sheet [3][4] - The company has adapted its approach by adding new market segments and broadening its prospects through additional PRT consultants [3] - F&G's tech-enabled servicing and high-quality investment portfolio enhance its ability to deliver superior value in a competitive market [3] Market Position - F&G consistently ranks among the top 10 in the $3 trillion private pension market and is a top 6 player in PRT writers, with an average deal size below $1 billion [3] - Pension fiduciaries view F&G as a reliable and cost-effective provider for securing pension benefits while managing plan assets prudently [4]