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Constellation Announces $10 billion Block Reinsurance Transaction with Prudential Financial

Constellation Insurance Holdings, Inc. (Constellation), a leading insurance holding company backed by institutional investors CDPQ and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), announced today that its subsidiary The Ohio National Life Insurance Company (ONLIC) has entered into an agreement with Pruco Life Insurance Company (PLAZ), an affiliate of Prudential Financial (Prudential), to reinsure a $10 billion block of variable annuities.

Constellation Insurance Holdings announces its indirect subsidiary Ohio National Seguros de Vida S.A. acquires Zurich’s annuity business in Chile

Constellation Insurance Holdings, Inc. (Constellation), a leading insurance holding company backed by institutional investors CDPQ and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), announced today that its Chilean subsidiary Ohio National Seguros de Vida S.A. has entered into an agreement for the acquisition of the Zurich Insurance Group (Zurich) annuity portfolio of approximately US$2.6 billion in reserves held in Chile.

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