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EUR 10Y Bund2.68%-1bpindicative
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GBP/USD1.2785-0.08%indicative
SONIA4.45%indicative
BoE Rate4.50%indicative
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FTSE 1008,245.30+0.42%indicative
UK 10Y Gilt4.52%+3bpindicative
UK 30Y Gilt4.89%+2bpindicative
EUR 10Y Bund2.68%-1bpindicative
GBP/EUR1.1642+0.12%indicative
GBP/USD1.2785-0.08%indicative
SONIA4.45%indicative
BoE Rate4.50%indicative
BPA 2026 YTD~£18bnindicative
Insurance Asset News
ALM & Capital

PIC reports 2015 new business of £3.5bn following Philips buyout

15 March 2016·1 min read

Pension Insurance Corporation has reported £3.5 billion of new business written to date in 2015, underlining the impact of its circa £2.4 billion full buyout of the Philips UK Pension Fund on its growth trajectory and balance sheet scale. The Philips transaction, PIC’s largest ever full buyout, takes…

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