JDC TECHNICAL EVALUATION REPORT

Subject: Resolution Re

Reference UID: 6089

Market Authority: London & International Markets

Case Ref: PRT-RES-2026-04

Secondary Case Ref: N/A

Date: 13^th July 2026

Status: Completed

Case Summary (Tier 4):

The pace of repeat transactions suggests that pension risk transfer has become an increasingly important adjacent growth market for legacy and run-off specialists seeking predictable long-duration liabilities.

Case Detail (Tier 5):

Resolution Re completed its fourth pension risk transfer transaction within two months, reinforcing its growing presence in the UK bulk annuity and pension de-risking sector as demand for specialist reinsurance capacity continues to expand.

Additional Comment:

N/A