Prismic Life strikes $5B reinsurance deal with Prudential Financial

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Go back to Prismic Life strikes $5B reinsurance deal with Prudential Financial

Prismic Life Announces $5 Billion Reinsurance Agreement with Prudential Financial

October 5, 2026 8:30 AM EDT

Transaction builds on Prismics growing reinsurance platform, as it delivers capital strength to its clients to support their ability to fulfill the retirement income and life insurance needs of their global customers

HAMILTON, Bermuda--(BUSINESS WIRE)-- Prismic Life Holding Company, LP (Prismic) announced today an agreement with Prudential Financial, Inc. (NYSE: PRU) (Prudential) to reinsure a portion of Prudentials recently originated Japanese whole life... More