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PIC secures £250m buy-in, confident of further deals
31 March 2020Second buy-in deal with WPP concluded before coronavirus crisis hit
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PIC's operating profits boosted by growing business
09 March 2020Financial investments grow 30% to £40.9m
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Three lines of defence: a necessity or a nuisance?
06 March 2020The three lines of defence model has become a fixture for enterprise risk management in the insurance sector. But after nearly two decades since its introduction, does the model still have a place within the insurance industry or are changes needed? Paul Walsh investigates
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PIC strikes £1bn bulk annuity deal with Co-op pension scheme
21 February 2020The deal covers the pensions of around 7,000 scheme members
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PIC strikes £1.6bn buy-in with merchant navy pensions
10 February 2020Deal involves converting an existing longevity swap
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PIC to raise £750m as pension risk transfer market booms
27 January 2020Additional capital will support business growth in 2020
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PIC completes longevity swap conversion to £750m buy-in for SSE
13 November 2019It is PIC's third PRT deal for a pension scheme sponsored by Scottish & Southern Energy
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Legal & General completes Hitachi Data Systems bulk annuity deal
14 August 2019This is the third buy-in deal between Legal & General and the Hitachi plan
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Pension buy-ins and buy-outs break H1 record
08 August 2019H1 2019 volumes dominated by Legal & General and Pension Insurance Corporation
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PIC sparks up £3.4bn bulk annuity deal with BAT
01 August 2019Largest ever transaction for specialist UK insurer