PIC and NG Bailey complete £155m pension buy-in

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Reinsurance News - Jan 09, 2026

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, completed a £155 million buy-in with the Trustee of NG Bailey Pension and Life Assurance Plan. With this transaction the benefits of 1,581 Plan members are ensured and are now secured for the long-term....

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