Reinsurance News
Legal & General Assurance Society
L&G completes buy-ins totalling £785m with three pension schemes
20th March 2025
UK insurer Legal & General Assurance Society Limited (L&G) has completed a combined £785 million buy-in with three pension schemes sponsored by Anglo American Services (UK) Ltd: The Tarmac UK Pension Scheme, the Tarmac ‘B’ Pension Scheme, and the Anglo UK Pension Scheme. The transaction secures the benefits of over 5,100 ... Read the full article
Legal & General secures £370m buy-in for TUI Group UK Pension Trust
11th February 2025
Legal & General Assurance Society Limited, a leading UK pension risk transfer provider, has completed a £370 million buy-in for the BAL section of the TUI Group UK Pension Trust (“the Scheme”). TUI Group, a global leisure, travel, and tourism company, sponsors the Scheme. This latest transaction, finalised in late 2024, ... Read the full article
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