Risk transfer market set for record-breaking growth in 2025 – Hymans Robertson
The market saw significant growth from both small and large schemes, with 10 transactions over £1bn.
Insurer volumes reached £45bn, with record-breaking transactions expected to continue in 2025, according to Hymans Robertson’s annual report.
The market saw significant growth from both small and large schemes, with 10 transactions over £1bn.
The alternative risk transfer market also grew, with two superfund deals in 2024.
Lara Desay, partner and head of risk transfer at Hymans Robertson, said: “2025 looks set to be a period of huge growth for the risk transfer market with the whole market – both large and small schemes – in a boom period.
“As in previous years, large schemes have dominated the market with at least six insurers completing transactions greater than £1bn.”
Desay said that larger schemes face challenges with illiquid assets needing time and patience to manage.
Desay added: “Allowing ample time and attention to consider operational and administrative aspects of a transaction is also key.”
The superfund market has also seen growth, with transactions like Debenhams’ deal leading the way.
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