For the full year, buy-out sales totaled $31.3 billion, down 35% compared with 2024, with 683 contracts completed. Meanwhile, buy-in premium surged 372% to $17.5 billion, with 17 contracts recorded, marking a 70% increase in deal count. In total, more than 740,000 defined benefit plan participants were covered by PRT transactions in 2025.
PRT market jumps 132% in Q4 on record annuity transactions
