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Prudential, Warburg Pincus Team Up to Back New Reinsurer

(Bloomberg) -- Prudential Financial Inc. and Warburg Pincus are among investors that contributed a combined $1 billion of equity to create a Bermuda-based reinsurer, Prismic Life Reinsurance Ltd.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTraders Shun Ri...
Bloomberg Businessweek Warburg Pincus Amy Kessler Rob Falzon Idan Zilberman Nomura Holdings Inc
Source: yahoo.com

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