Rothesay (insurer)

Rothesay Ltd
Company typePrivate
IndustryInsurance
Founded2007; 18 years ago (2007)
FounderAddy Loudiadis
Key people
  • Tom Pearce (CEO)
  • Graham Butcher (CFO)
Total assetsIncrease£68 billion (2024)
Owner
Websitewww.rothesay.com

Rothesay (formerly Rothesay Life) is a British pension insurance company based in the United Kingdom. A former subsidiary of Goldman Sachs, it is owned by Singaporean sovereign wealth fund GIC and American insurer MassMutual.[1][2]

Rothesay principally insures the liabilities and risks of companies' defined benefit pension schemes, transactions known as "bulk purchase annuities" (BPA). It also acquires existing annuity portfolios.

As of 2024, the company had £68 billion ($83 billion) of assets under management, and insures the pensions of more than one million policyholders.[3]

  1. ^ "Goldman/Rothesay: senior moment". Financial Times. 9 August 2017. Retrieved 13 January 2025.
  2. ^ Ralph, Oliver; Wiggins, Kaye (30 September 2020). "Blackstone sells Rothesay stake for £2.1bn". Financial Times. Retrieved 13 January 2025.
  3. ^ "About us". www.rothesay.com. Retrieved 13 January 2025.

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