Archive

Prudential Financial data breach hits over 36,000 people

The insurer believes a cybercrime group carried out the attack

Prudential Financial's Rob Falzon praises private equity's impact on life sector

Vice chair of life insurer also discussed how recession risks have receded in the US

Legal & General and RGA tie up $700m PRT deal with FirstEnergy

Transaction covers approximately 2,000 retirees

Prudential Financial and RGA secure $5.9bn PRT deal with Verizon

Prudential Financial seals $4.9bn bulk annuity deal with Shell USA

Deal covers $4.9bn worth of pension obligations

Prudential Financial promotes Frias to CFO role

NN strengthens capital position with €13bn longevity risk deals

The transactions have been agreed with a subsidiary of Prudential Financial and Swiss Re

Nuclear war, AI and net zero: CEOs ponder what insurance will look like in 2050

Insurance leaders talk nuclear threats, AI's transformative power and the race to net zero as they try to predict the future of industry at the Geneva Association's summit. Joshua Geer reports

Prudential Financial launches Prismic Reinsurance

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

Prudential Financial reinsures $12.5bn of universal life reserves with Somerset Re