Prudential Retirement, a unit of Pension Insurance Corporation (PIC) and Prudential Financial, has offloaded £900mn ($1.2bn) of longevity risk to Prudential Insurance Company of America.
Prudential Retirement, a unit of Pension Insurance Corporation (PIC) and Prudential Financial, has offloaded £900mn ($1.2bn) of longevity risk to Prudential Insurance Company of America.