PFI’s longevity reinsurance business closes reinsurance transactions worth $6bn


The Prudential Insurance Company of America (PICA), a business unit of Prudential Financial, has closed its seventh and eighth strategic longevity reinsurance transactions with Rothesay Life, reinsuring a combined $6 billion of pension liabilities associated with two bulk annuity transactions completed in the second half of 2019.

PFI, Transactions, Insurance, Reinsurance, Scott Gaul, North America

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