Swiss Re enters into $30mn LPT with Prudential subsidiary Vantage Casualty
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Swiss Re enters into $30mn LPT with Prudential subsidiary Vantage Casualty

Giovanna Bellotti Azevedo
October 11, 2021
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Swiss Re has agreed to acquire all of the outstanding liabilities from Prudential’s wholly owned subsidiary, Vantage Casualty, as Prudential seeks a way to exit the P&C market, this publication has learned.

The deal was structured as a loss portfolio transfer and involved reinsurance issued by Vantage to facilitate the sale of its P&C operations.

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Giovanna Bellotti Azevedo
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