Our Products
Blumont partners with third-party institutions to offer risk management tools and solutions.
Pension Risk Transfer
We provide corporate sponsors of defined benefit pension plans risk management solutions through our Pension Risk Transfer (PRT) business. PRT transfers the risks associated with a defined benefit plan from the corporate plan sponsor to a licensed insurance company. A PRT transaction can be structured as either a buy-out or a buy-in annuity.
Group Annuity Buy-out
A buy-out allows defined benefit plan sponsors to fully transfer the risks and obligations of plan members to Blumont.
Group Annuity Buy-in
A buy-in transfers a portion of the defined benefit plan’s risks and obligations to Blumont, with the plan sponsor continuing to manage the plan.
Reinsurance Services
As a reinsurer, we help insurance companies manage their risk.
Our reinsurance services allow companies to:
- transfer insurance risk from their balance sheets;
- more efficiently manage capacity;
- increase the volume of business they can underwrite;
- stabilize their operating results;
- comply with regulatory requirements; and
- optimize overall financial strength and capital structure.
We primarily reinsure three types of annuity products: fixed annuities, fixed index annuities and payout annuities.
For more information, Contact Us.
