PCA Life hires VA team in Japan

PCA Life, the regional unit of Prudential of the UK, has hired a team of variable annuity specialists in Tokyo to lead its push into that emerging business. Patrick Kawasjee joined PCA Life as executive director of the VA sales development group, bringing with him half of the 30-strong team he had developed last year at Aspecta, the life insurance arm of Germany's HDI Group. He had previously run the retail business at Citigroup Asset Management in Japan. Kawasjee believes variable …