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

Healthcare sector pension scheme secures £189m buy-in with Canada Life

Healthcare sector pension scheme secures £189m buy-in with Canada Life

Deal secures the benefits of 1,100 deferred members and over 600 members with pensions in payment

Holly Roach
clock 19 December 2025 • 2 min read
Skanska Pension Fund agrees £525m full buy-in with Standard Life

Skanska Pension Fund agrees £525m full buy-in with Standard Life

Transaction secures the benefits of 5,500 scheme members

Holly Roach
clock 18 December 2025 • 2 min read
L&G Flow surpasses £1bn of scheme liabilities insured

L&G Flow surpasses £1bn of scheme liabilities insured

Risk reduction solution secured £360m of transactions this year

Jasmine Urquhart
clock 18 December 2025 • 1 min read
Trustpilot