: Private equity-backed insurers like Athene have aggressively entered the market, often moving risks to specialized balance sheets.
Insurance companies are the primary "buyers" of these liabilities. They take the assets and promise to pay retirees for life. companies that buy pensions
: A major global player that issues individual policies to members in exchange for a premium from the pension scheme. companies that buy pensions
: Frequently involved in multi-billion dollar "lift-outs" where they take over a specific group of retirees from a corporate plan. companies that buy pensions