PIC

Abu Dhabi Investment Authority to purchase 21.4% stake in PIC parent

The Abu Dhabi Investment Authority (ADIA) has agreed to acquire a 21.4% stake in Pension Insurance Corporation Group from funds…

Prudential Retirement offloads $1.2bn longevity risk to PIC

Prudential Retirement, a unit of Prudential Financial, and Pension Insurance Corporation (PIC) have reached a new $1.2bn longevity reinsurance agreement.…