Prudential closes “jumbo” pension risk transfer with Shell USA
Reinsurance News - Feb 09, 2024
Prudential Financial, Inc., a global provider of financial services, closed a pension risk transfer transaction with Shell USA, Inc., assuming $4.9 billion in pension obligations for 21,500 of the company’s US retirees. As a result of this transaction, PFI, through its subsidiary The Prudential Insu...
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