PIC secures £4.3bn buy-in for Rolls-Royce UK pension fund

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Reinsurance News - Aug 11, 2025

Pension Insurance Corporation plc (PIC), a specialist in insuring defined benefit pension schemes, has finalised a £4.3 billion buy-in with the Rolls-Royce UK Pension Fund. This landmark agreement safeguards the Fund’s outstanding liabilities, ensuring the pensions of 36,000 members—comprising 15,00...

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