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Insurance Asset News
PRT & Longevity

Irish Life completes €165m Greencore pension buy-out covering deferred members

By IAN Editorial Desk
21 September 2026·Updated 25 September 2026·2 min read
Primary source: irishlife.ie

Irish Life says its deferred annuity made the deal possible by closely mirroring deferred members' promised benefits.

Irish Life has completed a €165m full-scheme buy-out with the Greencore Group Pension Scheme, securing the retirement benefits of more than 1,000 members, the insurer said in a release dated 21 September 2026.

The deal covers both pensioner and deferred-member benefits, said Christopher Delaney, head of risk transfer at Marsh and lead risk transfer adviser on the transaction. Irish Life…

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