Core Insights - Michael White has been appointed as the CEO of Prismic Life Reinsurance, a Bermuda-based life and annuity reinsurer [1][3] - White previously served as CEO at InEvo Re, specializing in asset-intensive reinsurance and risk management solutions [3][4] - His extensive experience includes leadership roles at Resolution Re, BF&M Group, and Sun Life Financial, along with a background as a consultant at PwC [4] Company Developments - Prismic Life Reinsurance is experiencing significant growth, having recently secured $1.3 billion in a third round of funding from Prudential Financial, Inc and Warburg Pincus [5] - This new capital will enhance Prismic's reinsurance platform capacity [5] - Previously, Prismic raised over $1.5 billion to support the reinsurance of approximately $17 billion of PFI's US and Japanese liabilities [5]