Prudential Financial Recognized as 2025 Industry Leader by Fortune’s List of Most Admired Companies
Prudential Financial, Inc. (
NYSEPRU) announced today that it has been named to FORTUNE® magazine’s annual list of World’s Most Admired Companies. Further, Prudential ranked No. 1 in the Insurance: Life & Health industry.
Prudential Financial and Dai-ichi Life to Pursue Strategic Partnership
Prudential Financial, Inc. (
NYSEPRU) and Dai-ichi Life Holdings announced today their intent to pursue a strategic partnership focused on product distribution and asset management capabilities.
Prudential Financial to Reinsure $7B Japanese Whole Life Block with Prismic Life
Prudential Financial, Inc. (
NYSEPRU) announced today an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary of Prismic Life (Prismic), a Bermuda-based life and annuity reinsurance company sponsored by Prudential and Warburg Pincus and supported by a group of global investors.
Prudential, Dimensional Fund Advisors and FIDx Collaborate to Help Reinvent Retirement Income in Wealth Management
Prudential Financial, Inc. (
NYSEPRU) today announced plans to collaborate with Dimensional Fund Advisors and Fiduciary Exchange LLC (FIDx) to bring protected lifetime income strategies to managed accounts via the FIDx Insurance Overlay marketplace. This initiative is designed to further meet the evolving needs of retirement investors who partner with registered investment advisors (RIAs), in a new, innovative way.
Prudential Financial, Inc. to Announce Fourth Quarter 2024 Earnings; Schedules Conference Call
Prudential Financial, Inc. (
NYSEPRU) will release its fourth quarter 2024 earnings on Tuesday, February 4, 2025, after the market closes. The earnings news release, the financial supplement, and related materials will be posted on the company’s Investor Relations website at investor.prudential.com.
PGIM Adds Two Buffer ETF Series and Laddered Buffer ETF to Lineup
PGIM,1 the $1.4 trillion global investment management business of Prudential Financial, Inc. (
NYSEPRU) launches the PGIM S&P 500 Max Buffer ETF series, the PGIM Nasdaq-100 Buffer 12 ETF series and the PGIM Laddered Nasdaq-100 Buffer 12 ETF (“the ETFs”).
‘Baby steps’ toward retirement: Prudential gives Generation Beta a savings kick start and launches first-of-kind study
Today Prudential Financial, Inc. (
NYSEPRU) joins the world in welcoming Generation Beta (people born Jan. 1, 2025, to Dec. 31, 2039) by commissioning a first-of-its-kind report, Generation Beta: Redefining Life, Longevity, and Retirement, that reveals how Americans envision the future, and how technological, social and economic shifts will impact their financial security.
Prudential Financial Completes Guaranteed Universal Life Reinsurance Transaction With Wilton Re and Completes Internal Captive Restructure
Prudential Financial, Inc. (
NYSEPRU) announced today that it has successfully closed a reinsurance transaction for a portion of its guaranteed universal life block with Wilton Re. This transaction, originally announced on Aug. 20, 2024, advances Prudential’s strategic progress to become a higher growth and more capital efficient company. The financial impact of the transaction aligns with the impacts outlined at the time of the announcement.
Prudential collaborates with Empathy to enhance workplace benefits with holistic bereavement support for families coping with loss
The loss of a loved one is a profoundly difficult time, and navigating the financial, legal, emotional and logistical challenges that follow can often be daunting.
Prudential Financial Board of Directors Elects Andrew Sullivan as Next CEO
Prudential Financial, Inc. (
NYSEPRU) today announced that the Board of Directors has appointed Andrew Sullivan as its next CEO, effective March 31, 2025. Sullivan, who currently serves as executive vice president and head of International Businesses and Global Investment Management, will succeed Charles F. Lowrey. Lowrey will remain as Executive Chairman of the Board for 18 months, working with the Board and supporting and advising Sullivan.
Prudential Financial Completes Integration with LPL Financial Platform, Delivering Experience Upgrade for its Retail Arm, Prudential AdvisorsNEWARK, N.J. and SAN DIEGO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (
NYSEPRU) and LPL Financial Holdings Inc. (Nasdaq: LPLA) finalized today the launch of their strategic relationship, first announced in August 2023.
Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM
Prudential Financial, Inc. (
NYSEPRU) announced the appointment of Jacques Chappuis as president and CEO of PGIM, its $1.4 trillion global investment management business, effective May 1, 2025.
Prudential Financial Declares Quarterly Dividend on Common Stock
Prudential Financial, Inc. (
NYSEPRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on December 12, 2024, to shareholders of record at the close of business on November 19, 2024.
Prudential Financial, Inc. Announces Third Quarter 2024 Results
Prudential Financial, Inc. (
NYSEPRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million ($1.24 per Common share) for the third quarter of 2024, compared to a net loss of $802 million ($2.23 per Common share) for the third quarter of 2023. After-tax adjusted operating income was $1.260 billion ($3.48 per Common share) for the third quarter of 2024, compared to $1.332 billion ($3.62 per Common share) for the third quarter of 2023.
Prudential Financial, Inc. to Announce Third Quarter 2024 Earnings; Schedules Conference Call
Prudential Financial, Inc. (
NYSEPRU) will release its third quarter 2024 earnings on Wednesday, October 30, 2024, after the market closes. The earnings news release, the financial supplement, and related materials will be posted on the company’s Investor Relations website at investor.prudential.com.
PGIM partners with iJoin to expand access to PGIM RetireWell™ Managed Accounts
PGIM,1 the $1.33 trillion global investment management business of Prudential Financial, Inc. (
NYSEPRU), and iJoin, a leading retirement plan technology innovator, have announced that the PGIM RetireWell™ Managed Accounts — a highly personalized offering — will soon be available to the growing list of iJoin-enabled recordkeepers through its Managed Account Program (MAP) marketplace. This integration leverages the power of the PGIM RetireWell™ Advice Engine in combination with iJoin’s goals-based user experience, portfolio allocation technology, and a plan advisor’s investment lineup to enable a more holistic retirement planning journey for plan participants.
Prudential Financial introduces Stop Loss Insurance
Prudential Financial, Inc. (
NYSEPRU) has introduced a Stop Loss Insurance product aimed at helping protect companies with self-funded employee medical plans against catastrophic medical claim payouts.
PGIM survey: Investors to continue risk-on appetite in 2025, despite geopolitical uncertaintyA new survey from PGIM, the $1.33 trillion global asset management business of Prudential Financial, Inc. (
NYSEPRU),* finds that amid trade tensions between the U.S., Europe and China, major elections in over 70 countries this year, military conflicts, and structural changes in the global economy, more than half of top institutional investors (56%) say the threat level to their investments from geopolitical risk is their top concern. Even so, one-third plan a shift to higher-risk investments in 2025.
Recession or Not, These 3 Stocks Are WinnersThree stocks stand out to show investors where the safety and decent growth can be found, no matter whether the economy goes into recession or not
Prudential to Fulfill $221 Million in Retirement Promises for Sound Retirement Trust in Industry’s First Multiemployer Pension Risk Transfer
The Prudential Insurance Company of America has been selected in an industry-first multiemployer plan pension risk transfer (PRT), to fulfill retirement benefit promises for the Sound Retirement Trust, a Seattle-based joint labor-management board of trustees that provides grocery workers of contributing employers with retirement benefits.
The Right Resources at the Right Time: Introducing Prudential’s Enhanced Employee Well-Being Solutions at the Core of Prudential’s Group Life, Disability and Supplemental Health Offering
Prudential Group Insurance has enhanced its well-being program with the launch of a digitally accessible hub, offering a new access point to solutions and strategic partnerships that are aligned with the company’s Life, Absence and Disability products.
Prudential Financial to Reinsure $11B Guaranteed Universal Life Block with Wilton Re
Prudential Financial, Inc. (
NYSEPRU) announced today an agreement to reinsure a portion of its guaranteed universal life block with Wilton Re, resulting in approximately $350 million of expected proceeds, post-closing.
