The transaction, effective July 1, 2025, covers approximately 96,000 policyholders.
This marks Prudential’s second international longevity reinsurance transaction with NN Life & Pensions and underscores its growing presence in the Dutch market.
“Prudential is pleased to again collaborate with NN Life & Pensions, as we build the scale of our Institutional Retirement Strategies work in the Netherlands,” said Dylan Tyson, president of Retirement Strategies and head of the company’s Global Retirement Center of Excellence. “This longevity risk transfer further demonstrates our commitment to the global retirement marketplace, as we seek to help millions more people protect their life’s work.”
Rohit Mathur, head of International Reinsurance at Prudential Retirement Strategies, highlighted the strength of the partnership: “The strong relationship we’ve fostered with NN Life & Pensions since the first transaction in 2023 led to a smooth and efficient close. Our ability to deliver customized reinsurance solutions further solidifies us as a global leader in assisting insurers and plan trustees. We continue to anticipate increased activity and demand in the Dutch market and are excited by the opportunities for Prudential to help those seeking to manage longevity risk as part of their strategic objectives.”
The agreement continues Prudential’s strategic expansion in international retirement solutions, reflecting the company’s long-term focus on meeting growing global demand for risk management in pension and insurance markets.
