Milliman Pension Buyout Index: March 2020
During February 2020, average accounting discount rates decreased by 19 bps, while annuity purchase rates decreased by 25 bps.
Milliman’s July 2018 report represents 13 carriers and nearly $1.7 billion in inforce premium and focuses on term, whole life, and universal life products. The report explores numerous facets of the worksite life market, including sales and inforce, buyer profile, product features, riders, pricing and actuarial assumptions, underwriting, administrative systems and technology, and risks. The report synthesizes this data to provide a high-level analysis of key market trends. For more information, please contact David Bahlinger in our Tampa, Florida, office.