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8 September 2023Insurance

New billion-dollar reinsurer launches under Prudential pioneer

A new reinsurer has launched with $1 billion initial equity investment. The business is led by a 30-year financial services industry veteran who was the founding leader of Prudential’s international reinsurance business.

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More on this story

Insurance
24 July 2023   The deal is part of its strategy to reduce market sensitivity and boost capital flexibility.
Insurance
24 May 2023   The move aims to enhance capital flexibility and decrease market sensitivity.