Rothesay

UK pensions insurer specialising in bulk annuities, longevity risk transfer and investment-led defined-benefit pension de-risking.

Careers site

Highlights

Founded in 2007

Established and authorised by the Financial Services Authority.

£73.5bn assets under management, 2025

Reported in Rothesay's 2025 financial results.

£5.2bn new business premiums, 2025

Generated across 17 pension-scheme de-risking transactions.

246% solvency coverage ratio, 2025

Rothesay reported a strong Solvency Capital Requirement coverage ratio.

Nearly one million pensions protected

Current figure reported by Rothesay.

40% of investments outside the UK

More than half of rated assets are rated AAA or AA, according to Rothesay's HY26 portfolio data.

About Rothesay

Rothesay was founded and authorised in 2007 by Tom Pearce and Addy Loudiadis. It is now the UK's largest pensions insurance specialist, focused exclusively on securing defined-benefit pension liabilities rather than offering broad life-insurance products.

The firm provides buy-ins and buy-outs for pension schemes, as well as reinsurance solutions for insurers with existing annuity portfolios. In a buy-in, Rothesay insures some or all of a scheme's benefits while the scheme remains in place; in a buy-out, member benefits transfer into individual policies and the pension scheme can wind up.

Rothesay is particularly strong in large and complex transactions that combine actuarial underwriting, longevity-risk management, investment origination and policy administration. Its investment approach centres on matching liabilities with predictable, high-quality assets, supported by daily balance-sheet analysis and an in-house risk-management platform.