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Debevoise Advises Prudential in Its $7 Billion Japanese Whole Life Block Reinsurance With Prismic Life
January 23, 2025
NEW YORK, Jan. 23 -- Debevoise and Plimpton, a law firm, issued the following news:

Debevoise & Plimpton LLP is advising Prudential Financial (NYSE: PRU) in its $7 billion agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary of Prismic Life, a Bermuda-based life and annuity reinsurance company sponsored by Prudential and Warburg Pincus and supported by a group of global investors.

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