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

Middle East conflict leads to drop in DB scheme funding, Broadstone finds

Middle East conflict leads to drop in DB scheme funding, Broadstone finds

Sirius Index shows ongoing conflict in the Middle East caused a decline in funding levels

Martin Richmond
clock 10 April 2026 • 2 min read
Partner Insight: What really matters to pension trustees when choosing a buy-in or buy-out partner?

Partner Insight: What really matters to pension trustees when choosing a buy-in or buy-out partner?

Alexa Mitterhuber - Director, Pension Risk Transfer, Standard Life
clock 09 April 2026 • 3 min read
Geopolitical volatility makes covenant reliability an important focus for trustees

Geopolitical volatility makes covenant reliability an important focus for trustees

Trustees urged to understand importance of robust stress testing and regular monitoring

Jonathan Stapleton
clock 08 April 2026 • 3 min read
Trustpilot