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MS&AD to invest up to £200m in Standard Life PRT venture
The Japanese insurer said the stake will be funded in stages based on progress of new business underwritten, and it expects only an immaterial impact on fiscal 2026 results.
MS&AD Insurance Group Holdings has agreed to invest up to £200 million in a new pension risk transfer partnership to be established by Standard Life plc in the UK, according to Reinsurance News.
The venture will focus on large UK pension schemes and will be set up alongside global financial institutions and asset managers, including CVC Capital Partners, Prudential Financial, Goldman Sachs, and other institutional investors.
MS&AD said the partnership is intended to help expand support for pension schemes across a wider range of sizes, including the largest and most complex defined benefit plans.
The insurer plans to commit funds in stages depending on the progress of new business underwritten, and it expects the investment’s effect on its consolidated financial results for fiscal year 2026 ending March 31, 2027 to be immaterial.