Prudential closes $2.6bn longevity reinsurance deals in pre-Brexit rush

24-04-2019

Prudential closes $2.6bn longevity reinsurance deals in pre-Brexit rush

iStock/ Pichet_w

Prudential Retirement, a unit of Prudential Financial, has completed approximately $2.6 billion in previously undisclosed longevity reinsurance contracts, assuming the longevity risks of about 16,000 pensioners, ahead of Brexit.


Prudential Financial, UK, Pension, Risk transfer, Brexit, Longevity, Reinsurance

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