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Best’s News & Research Service subscription required - September 15, 2021 02:04 PM (EDT)

Prudential to Sell Block of Legacy Annuities to Fortitude Re in Deal Valued at $2.2 Billion

Prudential Financial Inc. has agreed to sell part of its in-force legacy block of variable annuities to Fortitude Group Holdings LLC in a transaction valued at $2.2 billion. . . .

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