March 23, 2015 01:00 AM

Pension risk transfer scorecard

Plan sponsor	Date	Type of transaction	Assets involved	Employees covered	Country of plan	Insurer
Recent notable risk transfers. All dollar amounts are in U.S. millions.
BCE	March 3, 2015	Longevity swap	$4,000	n/a	Canada	Sun Life Financial
Kimberly-Clark	Feb. 23, 2015	Buyout	$2,500	21,000	U.S.	MassMutual and Prudential
Hospira	Feb. 12, 2015	Lump sum	$22	n/a	U.S.	n/a
Celanese	Feb. 10, 2015	Lump sum	$143	n/a	U.S.	n/a
Lockheed Martin	Feb. 10, 2015	Lump sum	$427	n/a	U.S.	n/a
ScottishPower U.K.	Feb. 9, 2015	Longevity swap	$3,000	9,000	U.K.	Abbey Life (Deutsche Bank)
Alcatel-Lucent	Feb. 6, 2015	Lump sum	n/a	32,000	U.S.	n/a
Intercontinental Exchange	Feb. 6, 2015	Lump sum	$55	935	U.S.	n/a
United Technologies	Feb. 5, 2015	Lump sum	$458	n/a	U.S.	n/a
Ryder System	Feb. 3, 2015	Lump sum	n/a	6,600	U.S.	n/a
Timken	Jan. 22, 2015	Buyout	$600	5,000	U.S.	Prudential
Merchant Navy Officers Pension Fund	Jan. 7, 2015	Longevity swap	$2,300	16,000	U.K.	Pacific Life Re
NCR	Dec. 17, 2014	Buyout	$160	4,500	U.S.	Principal
TRW Automotive Holdings	Dec. 16, 2014	Buyout	$440	7,045	U.S.	MetLife Inc.
Barnes & Noble	Dec. 9, 2014	Lump sum	n/a	2,350	U.S.	n/a
TRW Automotive Holdings	Nov. 27, 2014	Buyout	$3,900	22,000	U.K.	Legal & General
Rock-Tenn	Nov. 24, 2014	Lump sum	$249	5,000	U.S.	n/a
Flowers Foods	Nov. 13, 2014	Lump sum	$46	1,500	U.S.	n/a
Makro Staff Pension Scheme	Nov. 13, 2014	Buy-in	$292	n/a	U.K.	Rothesay Life
CTL Engineering	Nov. 10, 2014	Buyout	$19	n/a	U.K.	Aviva
CNA Financial	Nov. 3, 2014	Lump sum	n/a	11,000	U.S.	n/a
Aon Minet Pension Scheme	Nov. 3, 2014	Buy-in	$336	n/a	U.K.	Pension Insurance Corp.
Boeing	Oct. 28, 2014	Lump sum	n/a	40,000	U.S.	n/a
Hartford Financial Services Group	Oct. 28, 2014	Lump sum	n/a	13,500	U.S.	n/a
RM	Oct. 23, 2014	Buy-in	$49	n/a	U.K.	Pension Insurance Corp.
Ryder System	Oct. 22, 2014	Lump sum	n/a	11,000	U.S.	n/a
Unilever	Oct. 21, 2014	Buy-in	$209	n/a	U.K.	Legal & General
Panasonic Systems Networks U.K. Pension and Life Assurance Scheme	Oct. 21, 2014	Buyout	n/a	600	U.K.	Rothesay Life
Ofcom	Oct. 15, 2014	Buy-in	$80	350	U.K.	Legal & General
Bristol-Myers Squibb	Sept. 30, 2014	Buyout	$1,400	8,000	U.S.	Prudential
Motorola Solutions	Sept. 25, 2014	Buyout	$3,100	30,000	U.S.	Prudential
Motorola Solutions	Sept. 25, 2014	Lump sum	$1,100	32,000	U.S.	n/a
Newell Rubbermaid	Sept. 23, 2014	Lump sum	$200	5,700	U.S.	n/a
Magnetek	Sept. 23, 2014	Lump sum	n/a	2,800	U.S.	n/a
American Axle & Manufacturing Holdings	Sept. 22, 2014	Lump sum	n/a	6,000	U.S.	n/a
Brink's	Aug. 29, 2014	Lump sum	n/a	9,000	U.S.	n/a
Interserve Pension Scheme	Aug. 22, 2014	Buy-in	$498	n/a	U.K.	Aviva
PGL Pension Scheme	Aug. 21, 2014	Longevity swap	$1,500	n/a	U.K.	Phoenix Life
Vestey Group	Aug. 21, 2014	Buyout	$464	n/a	U.K.	Rothesay Life
Lehman Brothers	Aug. 19, 2014	Buyout	$307	2,466	U.K.	n/a
Archer Daniels Midland	Aug. 7, 2014	Lump sum	$255	10,000	U.S.	n/a
Miki Travel Pension & Assurance Scheme	Aug. 6, 2014	Buyout	$76	n/a	U.K.	Pension Insurance Corp.
Philips Pension Fund	July 25, 2014	Buy-in	$509	1,800	U.K.	Prudential U.K.
Visteon	July 16, 2014	Buyout	$350	n/a	U.S.	Prudential
Merchant Navy Officers Pension Fund	July 10, 2014	Buyout	$43	n/a	U.K.	Rothesay Life
BT Pension Scheme	July 4, 2014	Longevity swap	$27,400	n/a	U.K.	Prudential
NCR	June 10, 2014	Lump sum	n/a	20,000	U.S.	n/a
Total U.K. Pension Plan	June 9, 2014	Buy-in	$2,700	n/a	U.K.	Pension Insurance Corp.
Alcatel-Lucent	June 5, 2014	Lump sum	n/a	45,000	U.S.	n/a
RetailLink Management Pension Plan	May 14, 2014	Buy-in	$59	100	U.K.	Legal & General
Fremantle Group Pension Plan	May 11, 2014	Buy-in	$79	n/a	U.K.	Pension Insurance Corp.
ICI Pension Fund	March 26, 2014	Buy-in	$6,000	n/a	U.K.	Legal & General and Prudential U.K. and Europe
Church of England Pensions Board	March 11, 2014	Buy-in	$168	n/a	U.K.	Prudential U.K.
Aviva	March 6, 2014	Longevity swap	$8,400	19,000	U.K.	Swiss Re and SCOR
McCormick	Jan. 29, 2014	Lump sum	$63	n/a	U.S.	n/a
BAE Systems	Dec. 19, 2013	Longevity swap	$2,900	17,000	U.K.	Legal & General
AstraZeneca Pension Fund Trustee	Dec. 16, 2013	Longevity swap	$4,100	10,000	U.K.	Deutsche Bank
Carillion	Dec. 11, 2013	Longevity swap	$1,600	9,000	U.K.	Deutsche Bank
NCR	Nov. 20, 2013	Buyout	$1,000	5,400	U.K.	Pension Insurance Corp.
SPX	Nov. 14, 2013	Buyout	$625	16,000	U.S.	Mass Mutual
SPX	Nov. 14, 2013	Lump sum	$175	7,500	U.S.	n/a
MF Global U.K. Pension Fund	Oct. 17, 2013	Buyout	$84	n/a	U.K.	Pension Insurance Corp.
InterContinental Hotels Group	Sept. 3, 2013	Buyout	$679	n/a	U.K.	Rothesay Life
EMI Group Pension Fund	July 9, 2013	Buyout	$2,200	20,000	U.K.	Pension Insurance Corp.
Canadian Wheat Board	June 18, 2013	Buy-in	$147	n/a	U.S.	Sun Life Assurance Co. of Canada
BAE Systems 2000 Pension Plan	Feb. 21, 2013	Longevity swap	$4,900	n/a	U.K.	Legal & General
Exelon	Feb. 7, 2013	Lump sum	$425	7,500	U.S.	n/a
General Motors UK	Dec. 31, 2012	Buy-in	$371	n/a	U.K.	Rothesay Life
Lockheed Martin	Dec. 11, 2012	Lump sum	n/a	33,000	U.S.	n/a
General Motors	Oct. 31, 2012	Lump sum	$3,900	12,600	U.S.	n/a
J.C. Penney	Oct. 29, 2012	Lump sum	n/a	35,000	U.S.	n/a
Kaydon	Oct. 26, 2012	Lump sum	n/a	n/a	U.S.	n/a
Kimberly-Clark	Oct. 24, 2012	Lump sum	$750	10,000	U.S.	n/a
Baxter International	Oct. 19, 2012	Lump sum	n/a	16,000	U.S.	n/a
Verizon Communications	Oct. 17, 2012	Buyout	$7,500	41,000	U.S.	Prudential
Yum! Brands	Oct. 9, 2012	Lump sum	n/a	n/a	U.S.	n/a
A.H. Belo	Oct. 5, 2012	Lump sum	n/a	1,500	U.S.	n/a
Equifax	Oct. 1, 2012	Lump sum	$126	3,500	U.S.	n/a
Thomson Reuters	Sept. 25, 2012	Lump sum	n/a	n/a	U.S.	n/a
Archer Daniels Midland	Sept. 21, 2012	Lump sum	$175	7,250	U.S.	n/a
Visteon	Sept. 19, 2012	Lump sum	n/a	10,000	U.S.	n/a
Sears Holdings	Sept. 14, 2012	Lump sum	n/a	n/a	U.S.	n/a
New York Times	Sept. 14, 2012	Lump sum	n/a	5,200	U.S.	n/a
Energy Future Holdings	Aug. 9, 2012	Lump sum	n/a	2,000	U.S.	n/a
NCR	Aug. 1, 2012	Lump sum	n/a	23,000	U.S.	n/a
General Motors	June 11, 2012	Buyout	$29,000	118,000	U.S.	Prudential
Akzo Nobel	May 24, 2012	Longevity swap	$2,193	17,000	U.K.	Swiss Re
Ford Motor	April 30, 2012	Lump sum	n/a	90,000	U.S.	n/a
Pilkington Group Superannuation Scheme	Jan. 9, 2012	Buyout	$1,540	n/a	U.K.	Legal & General
Rolls-Royce Holdings	Nov. 28, 2011	Longevity swap	$4,680	37,000	U.K.	Deutsche Bank
ITV Pension Scheme	Aug. 22, 2011	Longevity swap	$4,000	12,000	U.K.	Credit Suisse
Hickory Springs Mfg.	May 25, 2011	Buy-in	$75	1,000	U.S.	Prudential
Alitalia Airlines Pension and Assurance Scheme	July 14, 2010	Buy-in	$77	n/a	U.K.	Pension Insurance Corp.
British Airways	July 2, 2010	Longevity swap	$2,039	n/a	U.K.	Rothesay Life
Cadbury Pension Fund	Dec. 16, 2009	Buy-in	$813	n/a	U.K.	Pension Insurance Corp.
CDC Pensions Scheme	Nov. 17, 2009	Buy-in	$619	n/a	U.K.	Rothesay Life
RSA Insurance Group	July 27, 2009	Longevity swap	$3,100	n/a	U.K.	Rothesay Life