PIC posts H1 results showing £3bn of new business and pipeline of £45bn

Insurer says it now has a new business pipeline of up to £45bn

Jonathan Stapleton
clock • 2 min read
PIC chief executive Tracy Blackwell: PIC had a strong first half
Image:

PIC chief executive Tracy Blackwell: PIC had a strong first half

Pension Insurance Corporation (PIC) Group has posted its results for the six months to 30 June 2024.

The specialist defined benefit insurer reported it had completed £3bn of new business nine schemes during the half year, down from £6.5bn in the same period in 2023, with clients including Next, De...

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

Hymans Robertson launches run-on service for DB schemes

Hymans Robertson launches run-on service for DB schemes

Horizon helps test the economics of running on and to design and optimise strategies

Jonathan Stapleton
clock 10 March 2026 • 2 min read
Industrials sector scheme completes £105m full buy-in with Canada Life

Industrials sector scheme completes £105m full buy-in with Canada Life

Risk reduction transaction secures the benefits of over 1,800 pensioners and deferred members

Martin Richmond
clock 10 March 2026 • 1 min read
Athora receives regulatory approval for PIC acquisition

Athora receives regulatory approval for PIC acquisition

PRA greenlights £5.7bn takeover deal as Athora raises £3bn in new equity

Jonathan Stapleton
clock 06 March 2026 • 1 min read
Trustpilot