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| Industry Working Group Provides Standard Templates for PRT Commitment Agreements for Certain U.S. Pension Risk Transfer Transactions An industry working group comprising PRT insurers, pension consultants and legal counsel  May 28, 2021 "[These forms] were created as a result of discussions among a cross-sectional industry working group ... The Documents are intended to provide an unbiased standard starting point for pension risk transfer solutions transactions and their use and terms are subject to further negotiation between transacting parties." [Documents presented: [1] Commitment Agreement Template -- IFID AIK; [2] Commitment Agreement Template -- Non-IFID AIK; [3] Commitment Agreement Template -- Non-IFID Cash; and [4] Commitment Agreement Template -- IFID Cash.] |
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