Custom Pension Risk Transfer solutions

Providing PRT solutions since 2015

Legal & General Retirement America Headquarters

The Banner Life family of companies writes its US institutional retirement business through Banner Life Insurance Company and William Penn Life Insurance Company of New York. The US institutional retirement division is in the business of helping companies mitigate pension risk and ensure the financial future of their annuitants.

Recent updates


Stay informed with our new Retirement hub for annuitants

Whether you’re just getting started with your annuity or are a returning member, this hub is built to help you stay informed and supported every step of the way.

US PRT Market ends 2025 with estimated $28bn in Q4 premium

Banner Life published the latest edition of its Q4 Pension Risk Transfer Monitor providing both market updates and outlooks in the US.

Banner Life has joined the Meiji Yasuda Group family

Banner Life has announced that they have successfully been acquired by Meiji Yasuda group, strengthening North American presence.

What do we do?

Banner Life and William Penn are in the Pension Risk Transfer (PRT) industry. We provide solutions for companies looking to de-risk their pension plan and improve benefit security for its members.