Londone Moulds, Assistant Vice President, U.S. Pensions, and Zach Vogt, Director, U.S. Pensions discuss the latest PRT Poll and the drivers influencing the selection of an insurer for an annuity buyout transaction.
Insurance companies’ balance sheets are best place for pension liabilities to reside, given their ability to manage investment diversity and risk, plus tamp down runoff challenges and dwindling cash flows, says Wayne Daniel, the head of MetLife’s U.S. Pensions business.
Even when equity markets were surging in 2018, leading many pension plans to be better funded, plan sponsors still had a strong desire to move their liabilities to insurance companies, says MetLife’s Head of U.S. Pensions Wayne Daniel.