Rothesay generates new business premiums of £9.5bn in H1 2024

Written by Adam Cadle

26/09/2024

Rothesay generated new business premiums of £9.5bn in H1 2024, according to its trading and financial performance for H1 2024.

The insurer now secures the pension policies of over one million people, and assets under management as at 30 June 2024 increased to £68.5bn, up from £61bn for FY 2023.

Tom Pearce, CEO of Rothesay, said: “Rothesay continued to build on our very positive momentum in the first half of 2024, converting significant volumes of new business while maintaining our careful approach to risk management and pricing discipline. We are committed to investing in, and delivering, innovative solutions for our clients across all areas of the pension de-risking market to provide enhanced levels of execution certainty along with the capital capacity to secure even the largest risk transfer transactions.

“I am delighted that Rothesay now protects the pensions of over one million policyholders in the UK, securing their future through our culture of operational excellence, purpose-built risk management systems and dedication to customer service.”

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