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    • Prudential Is Working On Annuity Derisking Deals: Rob Falzon

    May 11, 2021 by Allison Bell

    Prudential Financial Inc. is continuing to shift toward sales of variable life and variable annuity products that limit the amount of risk it assumes, and it hopes to use reinsurance arrangements or other transactions to shed more annuity risk.

    The firm’s executives talked about the company’s pivot away from stock market and interest rate risk during a conference call they held to go over first-quarter earnings with securities analysts.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at ThinkAdvisor on May 6, 2021 by Allison Bell.

    Categories: Industry Articles
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