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Tag: Prudential Financial

Prudential reinsures $11 billion universal life insurance with Wilton Re

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Prudential reinsures billion universal life insurance with Wilton Re

Prudential Financial, a U.S. insurance and investment company, has entered into an agreement with Wilton Re to reinsure reserves valued at approximately $11 billion covering a portion of its guaranteed universal life block. This deal is expected to generate approximately $350 million in proceeds upon completion. The transaction involves policies issued by Pruco Life Insurance […]

Survey: More than half of Americans believe there is a pension crisis

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Survey: More than half of Americans believe there is a pension crisis

Fifty-eight percent of Americans believe the U.S. is in a retirement crisis, according to data from Morning Consult for Prudential Financial. But how real is that feeling? Should Americans feel more secure in retirement than they currently do? David Blanchett, Managing Director, Portfolio Manager and Head of Retirement Research at PGIM DC Solutions, joins Wealth! […]