PIC posts £7.1bn of bulk annuity deals in 2018 taking nearly a third of the market
Pension Insurance Corporation's (PIC) bulk annuity business transacted £7.1bn of buy-ins and buyouts over the course of 2018, its annual results reveal.
The figures - published today (7 March) - showed that PIC wrote £2.6bn of deals in the final half of last year, adding to the £3.5bn of transactions completed in the first six months. With nine players...
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