Insight
Milliman Pension Buyout Index June 2022
Estimated competitive retiree buyout cost, as a percentage of accounting liability, increased by 90 bps from 97.7% to 98.6% during May
Our quarterly review of South Africa discusses key issues affecting the insurance industry. We discuss a controversial court ruling that could open the door to more claims, and the latest guidance published by the Prudential Authority as part of the Solvency and Assessment Management Phase II project. We also highlight the continued presence of grey swan risks such as cyber and climate change.
Insight
Estimated competitive retiree buyout cost, as a percentage of accounting liability, increased by 90 bps from 97.7% to 98.6% during May
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