Pension De-Risking: First Quarter of 2022


U.S. insurance companies reported over $2.08 billion in pension de-risking transfers during the first quarter of 2022. MetLife Inc. reported a transaction with Pactiv Evergreen Inc. Prudential reported deals with Peabody Energy Corp. and the Timber Operators Council Retirement Plan. PotlatchDeltic Corp. transferred $70 million in pension liabilities to American International Group Inc.