Archive

Prismic Life completes $1.9bn capital raise

Prismic Life Reinsurance seals whole life block deal with Japan's Daiichi Life

Bermudian life reinsurers increasingly see growth opportunities in Japan

Prismic Life Re hires Michael White as Bermuda CEO

Prismic Life Reinsurance was established by Prudential Financial and investment manager Warburg Pincus

Life reinsurance sidecar Prismic raises $1.3bn

Prudential Financial primes itself for Japan's new solvency regime

US insurer says company's ESR ratio will be above levels to support AA rating

Prudential Financial reinsures $7bn Japanese life block with Prismic Life

Takes Prismic's assets under management to $17bn

Prudential Financial has "learned lessons" after shutting insurtech acquisition Assurance IQ

Confident of expanding Bermudian reinsurer Prismic despite regulatory change

Prudential Financial launches Prismic Reinsurance

Bermudian-based reinsurer set up with Warburg Pincus with an initial $10bn annuity base