Pension Insurance Corporation
Risk Reduction
Prudential Insurance Company of America (PICA) has completed its third longevity reinsurance deal with the Pension Insurance Corporation (PIC) for the Aon Retirement Plan.
13 June 2016
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1 min read
Defined Benefit
The trustees of the Aon Retirement Plan have concluded a buy-in with Pension Insurance Corporation (PIC) for around a third of the £3bn-4bn scheme.
13 May 2016
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1 min read
Risk Reduction
The Philips UK Pension Fund's £2.4bn buyout - concluded in November last year - was the largest of its kind ever completed in the UK market.
04 May 2016
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1 min read
Defined Benefit
The biggest stories were the long-awaited Just Retirement and Partnership merger, and revelations the government could be forced to fork out £2bn for the British Steel scheme.
08 April 2016
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1 min read
Defined Benefit
Pension Insurance Corporation (PIC) has concluded a £300m buy-in with the trustees of the VA Tech UK Pension Scheme, including a retrocession to Siemens' captive reinsurer.
07 April 2016
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2 min read
Defined Benefit
Pension Insurance Corporation (PIC) has written £900m of bulk annuity premiums in the first quarter of 2016 according to its end of year results.
24 March 2016
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1 min read
DB Buyouts
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
17 March 2016
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2 min read
Defined Benefit
Defined benefit (DB) pension schemes should move away from index-linked gilts and increase exposure to risk assets in order to plug deficits, according to research by Fathom Consulting.
27 January 2016
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2 min read
Bulk Annuities
As medically underwritten deals reach record levels, PP looks at why this market is booming.
25 January 2016
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4 min read
Bulk Annuities
Volumes of buy-ins and buy-outs exceeded £11bn for 2015 according to Lane Clark & Peacock (LCP).
08 January 2016
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2 min read
