Zurich
Risk Reduction
Transaction will protect the fund against rising costs and provide greater security
30 November 2022
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1 min read
Industry
The transaction is a ‘key milestone’ towards the trustees’ plan to secure all benefits
21 November 2022
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2 min read
Risk Reduction
Swaps can work for schemes of any size, say Suthan Rajagopalan and Greg Wenzerul
06 October 2021
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7 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
Risk Reduction
The BBC Pension Scheme has completed a £3bn longevity swap deal with Zurich and Canada Life Reinsurance, covering the risk of pensioner and dependent members.
15 December 2020
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2 min read
Industry
This week’s top stories included UBS’ completion of a £1.4bn longevity swap with Zurich and Canada Life, while chancellor Rishi Sunak announced the government’s Kickstart Scheme as part of provisions outlined in the Summer Statement.
10 July 2020
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1 min read
Risk Reduction
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
07 July 2020
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3 min read
Industry
This week’s top stories included the Financial Conduct Authority saying there is a “significant risk of harm” in the long-term savings market caused by pension freedoms, and Standard Life and Zurich publishing their latest independent governance committee...
09 April 2020
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1 min read
Defined Contribution
Standard Life and Zurich have published their latest independent governance committee (IGC) reports – posting overall green and amber value-for-money assessments respectively.
06 April 2020
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2 min read
Risk Reduction
Zurich has agreed to insure £800m of longevity risk for the pensioners of a FTSE 100-sponsored pension scheme.
17 December 2019
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2 min read
