Prudential and RGA in $5.9bn pension risk transfer for Verizon

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Reinsurance News - Mar 07, 2024

Prudential Financial and Reinsurance Group of America (RGA) have been selected for a pension risk transfer involving Verizon Communications, settling approximately $5.9 billion of Verizon pension liabilities and providing retirement security for a population that includes 56,000 Verizon retirees and...

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