PIC completed record level of new business premiums in 2024

Specialist DB insurer’s annual results showed it completed £8.1bn of new premiums last year

Martin Richmond
clock • 2 min read
Blackwell: The pension risk transfer market is dynamic and it continues to evolve
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Blackwell: The pension risk transfer market is dynamic and it continues to evolve

Pension Insurance Corporation (PIC) completed its largest ever annual total of new business premiums in 2024, according to its full-year results.

The specialist defined benefit insurer's results for the 12 months to 31 December 2024 showed it had completed £8.1bn of new business premiums, compared to £6.9bn in 2023. In addition, the firm's r...

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