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

More on Risk Reduction

Bakkavor Pension Scheme completes £160m buy-in with Rothesay

Bakkavor Pension Scheme completes £160m buy-in with Rothesay

Transaction secures the benefits of all 2,216 scheme members

Holly Roach
clock 05 May 2026 • 2 min read
CH Johnson Pension Plan completes £11m buy-in with Just Group

CH Johnson Pension Plan completes £11m buy-in with Just Group

Transaction secures the benefits of all 147 scheme members

Holly Roach
clock 24 April 2026 • 2 min read
Noble Foods pension scheme completes buyout with Utmost

Noble Foods pension scheme completes buyout with Utmost

Deal is the first external buyout Utmost has completed since entering the market in 2024

Holly Roach
clock 20 April 2026 • 1 min read
Trustpilot