PIC secures £900m in buy-in transactions for Three Baker Hughes pension schemes

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Reinsurance News - Jun 26, 2025

Pension Insurance Corporation plc (“PIC”), a provider of insurance solutions for defined benefit pension schemes, has arranged buy-in transactions with three pension plans associated with Baker Hughes (“the Company”): the Baker Hughes (UK) Pension Plan, the Brush Group Pension Scheme, and the Pipeli...

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