PIC to target £3bn plus deals as it reinsures £500m of longevity risk

clock

Pension Insurance Corporation has reinsured almost £500m of its longevity exposure as it continues raising capital to target deals in excess of £3bn, it announced today.

It is understood the risk management provider wants to better compete in the £3bn to £5bn transaction market after reinsuring £500m of longevity risk in the last month. The primary aim is managi...

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 Investment

LGPS Central launches client advisory function

LGPS Central launches client advisory function

Launch comes as LGPS pools required to provide principal advice to partner funds

Jonathan Stapleton
clock 18 November 2025 • 1 min read
Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

A partnership with SEI helped the Joy Global pension scheme turn a stubborn deficit into a surplus and paved the way for a buy-out. The key, says Trustee Jim Parker, was frank communication.

SEI
clock 18 November 2025 • 5 min read
TPTIM signs up first external fiduciary management client

TPTIM signs up first external fiduciary management client

Deal with Dalriada comes on behalf of a DB scheme sponsored by Paradigm Housing

Jonathan Stapleton
clock 17 November 2025 • 1 min read
Trustpilot