Archive

  • Bulk annuity deals fly in wake of Brexit vote

    22 August 2016

    PIC and Just Retirement complete deals

  • Chappell steps down as chief risk officer of PIC

    02 August 2016

    Search for replacement is underway

  • PIC in third longevity deal with Prudential Financial

    10 June 2016

    Transaction amounts to $1.1bn

  • PIC in pension buy-in and retrocession deal with Siemens

    07 April 2016

    Supports German group's efforts to de-risk and pension liabilities

  • PRA draws red line on longevity risk deals

    18 February 2016

    Regulator points to collateralisation to mitigate counterparty risk

  • Twenty UK insurers await news on Solvency II internal model application

    03 December 2015

    PRA expected to announce decisions over the weekend

  • UK annuity market to grow £5bn in 2016

    02 December 2015

    Financial consultancy dismisses concerns about Solvency II effect on pricing

  • Life insurers stuck with the riddle of the risk margin

    01 December 2015

    Of all the innovations of Solvency II, the risk margin threatens to be the most painful for UK life insurers. The transitional benefit will provide relief against it on 1 January, but in the long run it may do more harm than good. Hugo Coelho reports

  • PIC in £2.4bn pension buyout

    05 November 2015

    Hannover Re picks up share of longevity risk

  • PIC insures £1.6bn of longevity risk with Prudential Financial

    30 June 2015

    About 80% of PIC's longevity exposure now insured