Prudential Unit to Buy Swiss RE’s SRLC for 398 Million Pounds

Prudential Unit to Buy Swiss RE’s SRLC for 398 Million Pounds

Chris Ratcliffe/Bloomberg

SRLC offers term life, whole life and basic universal life products, it said. Jackson National Life Insurance Co., a U.S. unit of Prudential, will acquire assets of about 6.7 billion pounds and about 1.5 million policies, it added.