Reinsurance News
PGIM
PGIM Multi-Asset Solutions appoints Mao Dong as Co-Head of Portfolio Management
10th October 2024
PGIM Multi-Asset Solutions (PMA), the solutions specialist of PGIM, has announced the appointment of Mao Dong as Co-Head of Portfolio Management. PGIM was recently selected as the asset manager for an $11 billion reinsurance transaction by Prudential Financial to Wilton Re. This marks PGIM’s second reinsurance mandate, following its appointment ... Read the full article
Prudential Financial and Warburg Pincus launch Prismic Life Re
8th September 2023
Prudential Financial, Inc. and Warburg Pincus have announced the launch of Prismic Life Reinsurance, Ltd, a licensed Class E Bermuda-based life and annuity reinsurance company. A group of global investors, along with Prudential and Warburg Pincus, have agreed to make an initial equity investment in the reinsurer of $1 billion. The two ... Read the full article
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