Prudential Financial offloads $31bn in variable annuities to Fortitude Re

Latest divestment accounts for 17% of the insurer's annuity book


Prudential Financial ready for LDTI in 2023

Insurer continuing to trim variable annuity portfolio as seeks to be less market sensitive


Principal becomes latest US insurer to exit from annuities

Changes come following input from shareholder Elliott Investment Management


Prudential Financial and Zurich seal £6bn longevity swap

The transaction is Prudential Financial's third largest UK longevity risk transfer deal so far


Optimism for large insurers' ability to meet LDTI deadline

US accounting standard less onerous than IFRS 17, says SOA fellow as questions on adoption grow


Prudential Financial cutting annuities to battle low interest rates

Insurer reports full year loss of $374m as company looks to less rate sensitive products


Insurtech weekly: Openly, Battleface, Prudential Financial, Allianz, B3i, Tremor, WTW

A roundup of the latest fundraisings and collaborations in the world of insurance technology


Female representation still lagging in US insurance industry

Women account for less than quarter of executives at largest US insurers


Pfizer has given us "the best Christmas holiday present ever"

Prudential Financial's Krosby says market getting closer to the other side of the pandemic


Prudential Financial rebounds to $1.49bn Q3 profit

Net income up 5% from 2019 on back of strong insurance and investment growth