PIC completes second buy-in with Clarks Footwear Pension Fund for £540m

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Reinsurance News - Jan 07, 2025

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has completed a second buy-in with the Trustee of the C&J Clark Pension Fund – CJC Section and Flexible Section (the Fund) for £540 million. This follows the Fund’s initial £280 million buy-in with PIC...

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