PIC's profits and deal volumes drop in H1

But bulk annuity provider continues to expand business despite Covid-19 disruption


UK insurers fight for tougher rules for pension superfunds

DB consolidation vehicles given greenlight to operate


UK insurance industry to raise £100m to fight Covid-19

Supporters include Lloyd's of London and Aviva


PIC completes second buy-in with Co-op

The £400m deal covers 2,000 pension scheme members


PIC secures £250m buy-in, confident of further deals

Second buy-in deal with WPP concluded before coronavirus crisis hit


PIC's operating profits boosted by growing business

Financial investments grow 30% to £40.9m


Three lines of defence: a necessity or a nuisance?

The 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


PIC strikes £1bn bulk annuity deal with Co-op pension scheme

The deal covers the pensions of around 7,000 scheme members


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

Deal involves converting an existing longevity swap


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

Additional capital will support business growth in 2020