As the bar chart shows, the size and number of annuity deals has increased steadily with a record $4.6 billion in 2018.
Source: LIMRA Secure Retirement Institute
Click below to read their de-risking story
Globally, pension de-risking took off in the mid-2000s as companies began to feel the pain of their pension plans.
In the U.K., more than £25.7 billion in annuity and longevity insurance were completed in 2018. High profile names include: British Airways, Rolls-Royce, Lockheed Martin, BMW.
Source: Willis Towers Watson