Atradius UK scheme completes £190m buy-in with PIC

Risk reduction transaction secures benefits for 771 pensioners, deferred members and active members

Martin Richmond
clock • 2 min read
Atradius UK scheme completes £190m buy-in with PIC

The Atradius UK Pension Scheme has completed a £190m buy-in with Pension Insurance Corporation (PIC), securing the benefits of 771 members.

The bulk annuity transaction for the scheme secured the benefits of 361 current pensioners and dependents, 344 deferred members and 66 active members. The scheme is sponsored by trade credit ins...

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Martin Richmond
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Martin Richmond

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