PFI, Zurich close £6bn longevity reinsurance transaction


The International Reinsurance business of The Prudential Insurance Company of America (PICA), a wholly owned subsidiary of Prudential Financial (PFI) has closed its first reinsurance transaction involving an unnamed UK pension scheme using an independent UK-regulated insurer, Zurich Assurance, as intermediary.

Prudential Insurance Company of America, Zurich, Reinsurance transaction, Pension scheme, Insurance, Reinsurance, North America, UK

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