Pension Risk Transfer Market Update April 2025 

Pension Risk Transfer Market Update April 2025

The pension risk transfer (PRT) market remained strong in 2024, with nearly $51.8 billion1 in premiums shifting to insurers – continuing the steady growth seen over the past decade.

What’s helping to drive the market?

  • Partial buyouts lead the surge – Jumbo transactions account for 40% of the market1
  • Growing interest in plan terminations – More sponsors are opting for full plan terminations
  • Rigorous fiduciary framework – Legal challenges over insurer selection put compliance in the spotlight
Report

Pension Risk Transfer Market Update

Explore more about the latest trends and insights in the PRT market.

 


1Mercer Quarterly Insurer Pension Risk Transfer Sales Survey and LIMRA annual market volume reports as of 12/31/24.

Important Notices