Uniq longevity risk reinsured in £423m deal

Jenna Towler
clock

Rothesay Life has reinsured the longevity risk it secured from the Uniq Pension Scheme through a £423m deal with US-based firm Prudential Retirement.

The American firm said the deal secured the retirement benefits of about 20,000 of the Uniq scheme, who are insured by Rothesay Life through a £830m buy-in policy. The reinsurance deal covers t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

LCP urges DB schemes to take action ahead of 'marathon' 2026

LCP urges DB schemes to take action ahead of 'marathon' 2026

Consultancy highlights key areas for trustees to focus on to ‘hit the ground running’

Martin Richmond
clock 06 January 2026 • 3 min read
DB redress payments to remain 'historically low' in Q1

DB redress payments to remain 'historically low' in Q1

Modelling shows most consumers will not have suffered a loss as a result of transferring

Holly Roach
clock 06 January 2026 • 1 min read
Narrative of funding level improvements 'masking' problems for charity schemes

Narrative of funding level improvements 'masking' problems for charity schemes

Most charity plans will not generate sufficient returns to meet ongoing expenses

Holly Roach
clock 06 January 2026 • 1 min read
Trustpilot