Prudential Retirement completes fifth reinsurance transaction with Rothesay Life
Prudential Retirement, a business unit of Prudential Financial Inc., announced today its fifth longevity reinsurance transaction since 2011 with Rothesay Life Limited and its affiliates. Under the terms of this new transaction, Prudential will provide reinsurance of longevity risk to Rothesay Life Limited for a block of eight pension schemes.
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