The Prudential Insurance Company of America
Risk Reduction
Deals with Swiss Re and RGA further protect scheme from unexpected life expectancy rises
21 March 2025
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2 min read
Investment
The Prudential Insurance Company of America (PICA) has concluded a £6bn longevity reinsurance deal, with Zurich Assurance acting as an intermediary on a pass-through basis.
28 April 2021
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4 min read
Industry
This week's top stories included HSBC's scheme completing a £7bn longevity swap with PICA and the government announcing it would review the tapered allowance for NHS scheme members.
09 August 2019
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1 min read
Risk Reduction
Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.
08 August 2019
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2 min read
Risk Reduction
The HSBC Bank (UK) Pension Scheme has hedged its longevity risk with Prudential Insurance Company of America (PICA) in the second-largest ever deal of its type.
06 August 2019
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2 min read
Risk Reduction
Prudential Insurance Company of America (PICA) has launched a reinsurance counterparty, lending support to insurers that account for more than 90% of the UK pension risk transfer market.
05 August 2019
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2 min read
Risk Reduction
The Prudential Insurance Company of America (PICA) has agreed to assume approximately £1bn of pension liabilities from Aviva's bulk annuity business.
08 August 2018
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2 min read
Risk Reduction
Prudential Insurance Company of America (PICA) has agreed to reinsure around $1.2bn (£900m) of Pension Insurance Corporation's (PIC) longevity risk.
09 May 2018
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1 min read
Risk Reduction
Scottish Widows has reinsured the longevity risk for around £1.3bn of its bulk annuity liabilities with The Prudential Insurance Company of America (PICA).
05 February 2018
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2 min read
