Prismic Life Holding Company has closed an oversubscribed $1.9 billion capital raise, exceeding its $1.6 billion target. This follow-on funding round, sponsored by Prudential Financial and Warburg Pincus, will expand Prismic's capacity to pursue a wider array of reinsurance opportunities. The specific metrics regarding clients, revenue, pipeline, or employee count were not disclosed in this announcement.
Amount: $1.9B
