Institutional Insights

The global pandemic led to reinsurance shooting up the business news agenda last year. Mike Walsh, Chief Financial Officer and Tom Ault, Chief Business Development Officer of Legal & General’s reinsurance business in Bermuda talk to us about their risk management strategy and the role of life reinsurance in helping businesses throughout the pandemic and beyond. The episode will also explore some of the challenges going forward in 2021 and what companies can do to prepare.

Dom Moret, Head of Origination & Execution, Legal & General Retirement Institutional (LGRI) and Sheena McEwen, Head of Distribution, Legal & General Retirement America (LGRA) reflect on the Pension Risk Transfer market in 2020, discussing trends and LGRI's highlights of the year. The guests will reference our recently published PRT monitor as they look forward to what we can expect in 2021.

In our last episode of the series, Natalie Bentley, Head of Operational Business Development at Legal & General Retirement Institutional, Will Devenney, Head of Infrastructure Debt for the UK and Europe and Charles-Henry Lecointe, Head of Infrastructure, North America from Legal & General Investment Management take a look at how insurers, such as ourselves, can use pension money to invest back into society to encourage economic recovery and help plug the UK’s infrastructure gap.

Johnny Chow, Chief Investment Officer and Sumit Mehta, Head of Investment Solutions talk to us about how Covid-19 has impacted the investment landscape. Against this backdrop, Johnny and Sumit discuss LGRI’s approach to investing and risk management, as well as some of the long-term opportunities to deliver value for pension schemes.

As the regulatory landscape evolves, so have the de-risking tools and solutions available to trustees, to help them better secure and protect their members’ benefits. Both established providers and new entrants are rising to the challenge of providing greater access and choice for the £1.9 trillion of DB pension liabilities remaining in the UK. In this episode, Frankie Borrell and Alexa Mitterhuber explore some of the different de-risking solutions available to pension schemes.

Dave Poulton, Chief Customer Officer and Yawar Choudhry, Head of Client Services Proposition outline some of the challenges COVID-19 has brought to customer service and what they have learnt through the pandemic. The episode also highlights how the Client Services Team transitioned to remote working, while keeping the customer as top priority and we hear what our customers think about some of the new online processes that were rolled out at the start of lockdown.

Frankie Borrell, Head of Client Solutions and Aysha Patel, Origination & Execution Director talk about how market volatility caused by COVID-19 has led to favourable pricing conditions for Schemes in a position to transact. But when is the right time to de-risk your scheme, what do you need to do to prepare for this, and how do you go about it?

Darryl Brundle, Head of Longevity and Ashley Kanter, Longevity Research and Innovation Specialist talk about the impacts of COVID-19 on mortality rates over the year so far and discuss some of their key findings when analysing Legal & General's internal data. The episode also touches on how this affects the Pension Risk Transfer industry and behavioural changes as a result of the pandemic.

Chris DeMarco, the Managing Director of our UK PRT business and George Palms, President of Legal & General Retirement America provide a unique overview of our global PRT business. After looking at the first half of the year and discussing the impact of Covid-19, they look ahead to what lies in store for the UK and US PRT markets in 2020 and beyond.