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Deduplication approaches may be divided into two broad categories: fixed-block and variable-block. This paper elaborates the fundamental differences between these two approaches by performing lab ...
Totaling c. 114,000 policies, the Block represents 33% of the Company’s fixed rate GMxB business or 13% of total variable annuity inforce as of June 30, 2020.
An investor group led by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE:APO), Crestview Par ...
Prudential Financial Inc. (PRU) agreed to sell a portion of its in-force legacy variable annuity block to Fortitude Group Holdings for a total transaction value of $2.2 billion. As per the terms ...