Prudential reinsures USD-denominated Japanese whole life reserves with Prismic in $5 billion deal

By Public Technologies
  • Prudential agreed a reinsurance deal with Prismic covering about USD 5 billion of reserves tied to USD-denominated Japanese whole life policies.
  • Policyholder obligations stay with Prudential, which will continue administering the contracts.
  • The deal expands existing reinsurance ties between the firms, which now cover more than USD 22 billion of USD-denominated liabilities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prudential Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005403856) on October 05, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.