Archive

  • PIC strikes £1.6bn buy-in with merchant navy pensions

    10 February 2020

    Deal involves converting an existing longevity swap

  • PIC to raise £750m as pension risk transfer market booms

    27 January 2020

    Additional capital will support business growth in 2020

  • PIC completes longevity swap conversion to £750m buy-in for SSE

    13 November 2019

    It is PIC's third PRT deal for a pension scheme sponsored by Scottish & Southern Energy

  • Legal & General completes Hitachi Data Systems bulk annuity deal

    14 August 2019

    This is the third buy-in deal between Legal & General and the Hitachi plan

  • Pension buy-ins and buy-outs break H1 record

    08 August 2019

    H1 2019 volumes dominated by Legal & General and Pension Insurance Corporation

  • PIC sparks up £3.4bn bulk annuity deal with BAT

    01 August 2019

    Largest ever transaction for specialist UK insurer

  • PIC on path to issue RT1 debt

    12 July 2019

    Boost to capital needed for business expansion

  • PIC seals £5.8bn of pension business in H1

    24 June 2019

    The specialist insurer said it has been a record-breaking first half for new business

  • M&S offloads pension liabilities in another multi-insurer deal

    23 May 2019

    Pension Insurance Corporation and Phoenix Life take on £1.4bn of liabilities

  • UK insurers reveal priorities in Solvency II review

    16 May 2019

    Pensions superfunds and cyber risk also highlighted among regulatory concerns