Pension Insurance Corporation (PIC) has secured £300m of new capital to grow its business by targeting multi-billion pound buy-ins and buyouts.
The insurer said the extra capital, raised through a subordinated bond issue, would increase the security of policy holders, as well as enabling it to go after more deals. It has written approxi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
