WTW extends mortality model to PRT market as insurer competition grows

WTW extends mortality model to PRT market as insurer competition grows


The US PRT market generated $51.8 billion in premium volume and a record 401 transactions in 2024, according to WTW's market data. PRT volumes will approach $100 billion annually within the next six to seven years, JP Morgan projected in a June 2025 report cited by MetLife. More than 20 active insurers now compete for group annuity business, twice as many as a decade ago, according to MetLife.


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