Chubb schemes seal £1bn buy-in with Standard Life

Transaction insures the benefits of 14,000 members of two schemes

Jasmine Urquhart
clock • 2 min read
Chubb schemes seal £1bn buy-in with Standard Life

The Chubb Pension Plan and Chubb Security Pension Fund have completed a £1bn buy-in with Standard Life.

The bulk purchase annuity (BPA) transaction insures the benefits of around 14,000 members of the two schemes, which are both sponsored by subsidiaries of APi Group Corporation. Barnett Waddingha...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Risk Reduction

Scandinavian Airlines System secures £61.8m buy-in with Just Group

Scandinavian Airlines System secures £61.8m buy-in with Just Group

Transaction secures the benefits of 708 pension scheme members

Holly Roach
clock 26 May 2026 • 2 min read
Abbey Life scheme secures £200m buy-in with Standard Life

Abbey Life scheme secures £200m buy-in with Standard Life

Deal secures the benefits of 1,500 members of the Standard Life sponsored scheme

Holly Roach
clock 20 May 2026 • 2 min read
Leeds Building Society scheme completes £66m buy-in with Royal London

Leeds Building Society scheme completes £66m buy-in with Royal London

Bulk purchase annuity transaction secures the benefits for 590 members

Martin Richmond
clock 13 May 2026 • 2 min read
Trustpilot