PIC announces £6.5bn in new business premiums in H1 results

Insurer also expects to see more than £200bn of risk transfer demand in next three years

Jasmine Urquhart
clock • 2 min read
PIC's Tracy Blackwell: H1 saw a strong balance sheet, record bulk annuity transactions and purposeful investment
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PIC's Tracy Blackwell: H1 saw a strong balance sheet, record bulk annuity transactions and purposeful investment

The Pension Insurance Corporation Group Limited (PICG) has announced a record £1.1bn of pension payments in the first half of 2023.

The parent company of the Pension Insurance Corporation (PIC) have now insured a record 339,900 pensions and scored 99.3% on customer satisfaction. The specialist insurer of defined benefit (DB)...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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