Rothesay (insurer)
The Post Building in London. | |
| Company type | Private |
|---|---|
| Industry | Insurance |
| Founded | 2007 |
| Founder | Goldman Sachs |
| Headquarters | The Post Building, 100 Museum Street, London WC1A 1PB, London , United Kingdom |
Key people |
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| Products |
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| Total assets | £70.7 billion (AUM, 31 December 2024) |
| Owners |
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| Website | www |
Rothesay (formerly Rothesay Life) is a United Kingdom pension insurer that writes bulk annuities for defined benefit pension schemes and acquires in-force annuity portfolios. It was founded in 2007 as a subsidiary of Goldman Sachs. In 2020, existing shareholders GIC and MassMutual acquired Blackstone's stake in the group.
As of 31 December 2024, Rothesay reported £70.7 billion of assets under management and a group Solvency Capital Requirement coverage ratio of 261 percent. In the same update, Rothesay reported that GIC held 50.2 percent of the company and MassMutual held 47.6 percent, with the remainder held by management and employees.