PIC completes £60m buy-in to secure benefits for Bodycote UK Pension Scheme

Share!

Reinsurance News - Feb 26, 2026

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has completed a £60 million buy-in for Bodycote UK Pension Scheme, securing the benefits of all 680 Scheme members. Bodycote offers specialist thermal processing services, providing essential metallurgi...

Read Full Article

Recommended Articles

US P&C industry achieved higher underwriting profit in 2025: AM Best

Posted: Mar 24, 2026

The US property and casualty (P&C) industry recorded a $60.9 billion net underwriting gain in 20...

Shepherd secures $42m Series B as construction insurance demand grows

Posted: Mar 24, 2026

Shepherd, an insurance technology platform for commercial industries, has successfully closed a $42...

Secondary reinsurance market key to improved capital efficiency: Howden

Posted: Mar 24, 2026

A new report from Howden has articulated a framework for introducing structured secondary trading fo...