June 16, 2023
10 Minute Read
Liquidity Refinements to Potential Economic Loss to Beneficiaries (ELB) in PRTs
In a recent Perspectives post, “Pension Risk Transfers May be Transferring Risk to Beneficiaries,” we outlined our market-based measure of the creditworthiness of common Pension Risk Transfer (PRT) providers. Our article concluded that the large range of providers’ creditworthiness calls into question whether annuities of all PRT providers do indeed qualify as “safest available.” This post examines whether our market-based…