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Latest News for DLICY
Daiichi Life to Reinsure Whole Life Block with Prismic Life
HAMILTON, Bermuda--(BUSINESS WIRE)--Prismic Life Holding Company, LP (Prismic) announced today an agreement between its subsidiary, Prismic Life Reinsurance International, Ltd. (PLRe International), and Daiichi Life Insurance Co., Ltd. (Daiichi) to reinsure a Yen-denominated in-force block of whole life and annuity policies. Daiichi's obligations to policyholders will remain unchanged following the reinsurance…
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