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...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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