OSG Ship Management scheme secures £16m buy-in with Aviva

Full scheme transaction insures the liabilities of 53 members

Holly Roach
clock • 1 min read
OSG Ship Management scheme secures £16m buy-in with Aviva

The OSG Ship Management (UK) Limited Retirement Benefits Plan has secured a £16m buy-in deal with Aviva.

The full transaction with the scheme – sponsored the INSW Ship Management UK – secures the liabilities of 53 members and removes the associated investment and longevity risk. Entrust acted as so...

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

Holly Roach
Author spotlight

Holly Roach

Deputy Editor at Professional Pensions

View profile
More from Holly Roach

Updated: What Andy Burnham as prime minister could mean for pensions

Managing surplus becoming 'increasingly important' strategic priority

More on Risk Reduction

Smiths Industries scheme completes £760m buy-in with M&G
Risk Reduction

Smiths Industries scheme completes £760m buy-in with M&G

BPA transaction secures the benefits of over 10,000 members of the scheme

Martin Richmond
Martin Richmond
clock 21 July 2026 • 2 min read
From buy-in to buyout – the operational challenges trustees cannot ignore
Risk Reduction

From buy-in to buyout – the operational challenges trustees cannot ignore

Darren Masters looks at when preparation pays off and when it doesn’t

Darren Masters
clock 20 July 2026 • 4 min read
Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in
Risk Reduction

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in

Transaction covers 36,000 members and follows a full buy-in last August

Holly Roach
Holly Roach
clock 15 July 2026 • 2 min read
Trustpilot