BRIEF-Prudential Financial To Reinsure $7B Japanese Whole Life Block With Prismic Life

Reuters
23 Jan
BRIEF-Prudential Financial To Reinsure $7B Japanese Whole Life Block With Prismic Life

Prudential Financial Inc PRU.N:

  • PRUDENTIAL FINANCIAL TO REINSURE $7B JAPANESE WHOLE LIFE BLOCK WITH PRISMIC LIFE

  • PRUDENTIAL FINANCIAL INC: INTENDS TO MAKE AN EQUITY INVESTMENT IN PRISMIC OF APPROXIMATELY $100 MILLION

  • PRUDENTIAL FINANCIAL: CO'S OBLIGATIONS TO THESE POLICYHOLDERS WILL REMAIN UNCHANGED FOLLOWING REINSURANCE ARRANGEMENT

  • PRUDENTIAL FINANCIAL: A GROUP OF GLOBAL INVESTORS TO INVEST ADDITIONAL CONSIDERATION OF $400 MILLION IN PRISMIC

Source text: ID:nBw1hLQJja

Further company coverage: PRU.N

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