2021 Pension Risk Transfers – Insurer Not Disclosed
According to S&P Global, over a dozen pension de-risking transfers were reported in 2021 where the insurer issuing the group annuity contract was not disclosed. Approximately $3 billion in pension liabilities was transferred in these deals.
- Lumen Technologies, Inc.
- Ball Corp.
- Corteva Inc. (believed to be New York Life)
- Yellow Corp.
- Albertsons Cos. Inc.
- L3Harris Technologies Inc.
- Greif, Inc.
- American Axel & Manufacturing Holdings Inc.
- Vulcan Materials Co.
- Graco Inc.
- Consolidated Communications Holdings Inc.
- Federal Signal Corp.
- Maui Land & Pineapple Co. Inc.