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

DB scheme funding levels recover in April

DB scheme funding levels recover in April

Broadstone says funding levels ‘remain volatile’ amid ‘uncertain’ economic backdrop

Martin Richmond
clock 13 May 2026 • 2 min read
PPF 7800 aggregate surplus falls by £5.3bn in April

PPF 7800 aggregate surplus falls by £5.3bn in April

Lifeboat fund’s 7800 index shows surplus stood at £258.5bn as at the end of last month

Martin Richmond
clock 12 May 2026 • 3 min read
XPS launches integrated DB run-on solution

XPS launches integrated DB run-on solution

Launch comes as Pension Schemes Act marks a step towards a new DB surplus regime

Martin Richmond
clock 12 May 2026 • 2 min read
Trustpilot