Prudential To Reinsure $7B Life Block

Prudential Financial, Inc. announced an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary of Prismic Life, a Bermuda-based life and annuity reinsurance company sponsored by Prudential and Warburg Pincus and supported by a group of global investors. A spokesperson said, “Under the terms of the agreement, Prismic […]

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