Our interim 2024 results

Significant new business volumes demonstrate the strength of Rothesay’s execution capabilities and capital resources

Rothesay generated new business premiums of £9.5bn in the first half of 2024 with assets under management increasing to £68.5bn. The Group’s substantial capital resources combined with the proven strength of its execution capabilities mean it is well-placed to complete some of the largest and most complex transactions in the market, positioning it strongly for the second half of the year and into 2025.

Rothesay now secures the pension policies of over one million people. 

Tom Pearce, Chief Executive Officer 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.” 

Read the full trading statement