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March 29, 2015 12:43 AM ET

Insurance

Company Overview of Pension Insurance Corporation plc

Company Overview

Pension Insurance Corporation plc, an insurance company, provides wholesale insurance annuity products to the trustees and sponsors of defined benefit pension funds in the United Kingdom. The company offers pension insurance buyouts, buy-ins, and longevity insurance solutions. Its clients include companies, multinationals, and the public sector. The company was incorporated in 2006 and is based in London, the United Kingdom. Pension Insurance Corporation plc is a subsidiary of Pension Corporation Group Limited.

14 Cornhill

London,  EC3V 3ND

United Kingdom

Founded in 2006

Phone:

44 20 7105 2000

Fax:

44 20 7105 2001

Key Executives for Pension Insurance Corporation plc

Chief Executive Officer and Executive Director
Age: 65
Chief Financial Officer and Executive Director
Chief Operating Officer
Co-Head of Asset and Liability Management
Co-Head of Business Origination
Compensation as of Fiscal Year 2014.

Pension Insurance Corporation plc Key Developments

Pension Ins Corp plc Appoints Tracy Blackwell as Deputy CEO from Chief Investment Officer

Pension Ins Corp. plc announced the appointment of Tracy Blackwell as Deputy CEO, from Chief Investment Officer.

Pension Insurance Corporation plc Announces Audited Earnings Results for the Year Ended December 31, 2014

Pension Insurance Corporation plc announced audited earnings results for the year ended December 31, 2014. For the year, the company reported pre-tax IFRS profit of £170 million against £114 million in the year 2013. Underlying operating profit was £116 million against £80 million reported in the year 2013.

Pension Insurance Corporation Announces Executive Changes

Pension Insurance Corporation (PIC) announced that Tracy Blackwell has been appointed Deputy Chief Executive Officer. Tracy will succeed John Coomber as CEO of PIC when he retires on 30 June 2015. John will remain a member of PIC's Board. Tracy has been with PIC since the company was founded in 2006. As the Chief Investment Officer she has had overall responsibility for managing PIC's assets under management as the portfolio has grown to almost £14 billion. Tracy has served as a Board Director since 2011.

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