Tag: Charles Lowrey

Prudential Financial, Warburg Pincus launch Prismic Life Reinsurance with $1bn initial investment

businessnewstoday- September 9, 2023

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

businessnewstoday- July 21, 2021

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

businessnewstoday- September 7, 2019

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