Prudential Financial, Warburg Pincus launch Prismic Life Reinsurance with $1bn initial investment
Prudential Financial, Inc. (NYSE: PRU) and Warburg Pincus have announced the formation of Prismic Life Reinsurance, Ltd., a Class E Bermuda-based reinsurance company. The venture ... Read More
Prudential to sell full-service retirement business to Empower for $3.5bn
Prudential Financial, Inc. has agreed to divest its full-service retirement business to Empower Retirement, a Denver-based retirement plan recordkeeping financial holding company, for $3.55 billion. ... Read More
Prudential to acquire online insurance startup Assurance IQ for $2.3bn
Prudential acquisition of Assurance IQ : US financial services giant Prudential Financial has signed a deal worth $2.35 billion to acquire Assurance IQ, an online ... Read More