Archive

Prudential selected for $221m industry-first multi-employer PRT deal

To take on pensions for some 8,700 retirees at Sound Retirement Trust

Prudential cuts $11bn reinsurance deal with Wilton Re

Deal will offload 40% of insurer's remaining guaranteed universal life statutory reserves

Asset intensive increases insurer risk, say IAIS watchers

Europe remains sceptical on asset intensive reinsurance

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

Confident of expanding Bermudian reinsurer Prismic despite regulatory change

Full steam ahead for US bulk annuity market

The rapidly growing US market for pension liabilities offers great potential for life insurers. However, there are concerns that litigation and regulatory changes could derail the progress achieved. Ronan McCaughey explains

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