Debevoise & Plimpton LLP has advised Prudential Financial (NYSE: PRU) in its approximately $5 billion agreement to reinsure a portion of its USD-denominated Japanese whole life insurance policies originated by Prudential’s Japanese affiliates 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. For more information, see the press release. The Debevoise team was led by insurance M&A partners David Grosgold and Matthew Parelman and included associates Saraya Ivanova, Niusha Tavassoli and Soo Young Yoon and tax partner Daniel Priest and associates Charlie Daley and Miriam Yeger.
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Debevoise Advised Prudential Financial in Its Approximately $5 Billion Reinsurance …
Debevoise Advised Prudential Financial in Its Approximately $5 Billion Reinsurance …