PIC finalises £370m buy-in for Hays Pension Scheme

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Reinsurance News - Dec 10, 2024

Pension Insurance Corporation plc (PIC) has completed a £370 million buy-in for the Hays Pension Scheme, securing coverage for over 4,200 members and transferring all associated financial and demographic risks. Hays Group contributed approximately £13 million in upfront funding to support the transa...

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