Intact, RSA & PIC announce record £6.5bn UK pension buy-in

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Reinsurance News - Feb 27, 2023

Intact Financial Corporation has announced that the RSA UK Pension Trustees have entered into an agreement with Pension Insurance Corporation (PIC) for Bulk Purchase Annuities with respect to £6.5 billion of RSA UK pension plan liabilities. According to Intact, the buy-ins fully insure the defined b...

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