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We are a leading UK pensions insurance specialist.

We are dedicated to securing the future for every one of our policyholders. We are defined by our absolute focus on security, real-time risk management, and the meticulous approach to everything we do.

  • 1st
    insurance company to be PASA Accredited for policyholder experience
  • Over 840,000
    pensions protected
  • £48bn+
    assets under management
  • £200m
    average monthly pension payments
  • 95%
    of policyholders surveyed in the first half of 2023 rated our service “good” or “excellent”
  • £1.9bn
    of new business in the first half of 2023

Our history of steady growth

  • £48bn+ assets under management


    Rothesay has over £48bn invested according to our risk-averse, safety-first principles

    We secure pensions for over 840,000 people

  • Rothesay valued at £5.75bn


    GIC & MassMutual acquired Blackstone’s shareholding in Rothesay in September 2020. The transaction valued the Group at £5.75bn.

    Rothesay completed 12 buy-ins during the year and were named Risk Management Firm of the year at the 2020 European Pension Awards.

  • UK's largest full buy-out


    Rothesay completed a full buy-out of the GEC 1972 Plan which at £4.7bn was the largest to date. Other risk transfers completed in this record year for new business include:
    - £3.8bn buy-in with the Allied Domecq Pension Fund
    - £3.8bn full buy-out of the Asda Group Pension Scheme
    - £2.8bn buy-in with the National Grid Pension Scheme
    - £255m full buy-out of ESAB Group (UK) Limited Pension & Life Assurance Scheme

  • £12bn transaction


    Rothesay completed a £12bn transaction with Prudential, structured as reinsurance of the in-force block of annuities - the largest transaction of its type ever executed in the UK

  • Financial independence from Goldman Sachs


    GIC, MassMutual and Blackstone acquired Goldman Sachs’ remaining shareholding in Rothesay

  • £6.4bn portfolio purchased


    Rothesay purchased £6.4bn annuity portfolio from Aegon UK, the first substantial annuity transfer since Solvency II implementation

  • Two Firsts


    First insurance back-book transaction through £1.2bn reinsurance for Zurich
    The UK’s first CPI bond financed by Rothesay

  • MetLife acquired


    Rothesay acquired Metlife Assurance Limited with £2.5bn bulk annuity portfolio

  • Largest specialist insurer in the sector


    Cumulative value of all risk transfer transactions underwritten exceeded £12bn, making Rothesay the largest specialist insurer in the sector

  • Pension liabilities over £10bn


    Cumulative pension liabilities passed £10bn, covering pensions of more than 150,000 individuals

  • Paternoster acquired


    Rothesay acquired the pension risk transfer specialist, Paternoster, and its £3bn bulk annuity portfolio

  • Pension risk transfer reaches £4.3bn


    By the end of 2010, Rothesay had completed pension risk transactions totalling £4.3bn

  • Largest buy-in at the time


    Rothesay insured £1.9bn of the liabilities of RSA Insurance Group’s UK pension schemes

  • Largest buy-out at the time


    Rothesay’s first transaction was a £700m buy-out of the Rank Pension Plan

  • Rothesay established


    Rothesay founded and authorised by the Financial Services Authority

  • Today
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
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  • 2007