PIC writes £900m of bulk annuity deals in Q1

Kristian Brunt-Seymour
clock • 1 min read

Pension Insurance Corporation (PIC) has written £900m of bulk annuity premiums in the first quarter of 2016 according to its end of year results.

This was a dramatic increase from the £40m of annuities written during the same quarter in 2015. It comes as recent buy-in and buyout data from LCP revealed the insurer had the largest market sh...

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