PIC reinsures £400m of longevity risk

clock

Pension Corporation has reinsured a further £400m tranche of longevity risk associated with its policy holders with Munich Re.

Following on from a £300m longevity hedging deal with Munich Re this summer, PIC said it now reinsured £1bn of longevity risk this year (PP Online 30 July). Over the last four years the insurer ...

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 Risk Reduction

FTSE100 scheme surplus exceeds £55bn

FTSE100 scheme surplus exceeds £55bn

LCP analysis of IAS19 surplus measures 120% aggregate funding level

Jasmine Urquhart
clock 02 October 2025 • 1 min read
Ensuring risk transfer decisions can be made with confidence

Ensuring risk transfer decisions can be made with confidence

Isio’s Karen Gainsford outlines the stages for schemes considering a risk transfer transaction amid ‘attractive’ landscape

Professional Pensions
clock 01 October 2025 • 4 min read
Schemes urged to consider 'purposeful pause' in DB endgame planning

Schemes urged to consider 'purposeful pause' in DB endgame planning

Hymans Robertson says DB schemes should ‘take advantage’ of improved funding

Jasmine Urquhart
clock 01 October 2025 • 2 min read
Trustpilot