Archive

Lacey Lockward to head Stable Value business; Alex Hyten to lead Structured Settlements, both with P&L responsibilities.

In the June edition of Quincy Krosby's Q2 market commentary, Prudential's chief market strategist says without a safe and available vaccine, solid improvements in the direction of the economy are ultimately the key prerequisite for a viable rebound in the market.

Prudential is profoundly disturbed by the manner of George Floyd’s death, and by the fact that he joins a long and ever-growing list of Black Americans who have lost their lives because of the color of their skin.

COVID-19 is testing Newark’s resilience and rise. Nonetheless, our hometown will build back better: more equitable, more agile, more connected and more innovative.

Most American workers give their employers high marks for their responses to the COVID-19 pandemic, demonstrating the critical and trusted role companies play in providing leadership in times of crisis, a new Prudential survey shows.

National nonprofit Operation Gratitude and Prudential Financial teamed up, with additional support from Mars Wrigley, to deliver “Jumbo Care Packages” containing handwritten letters of appreciation from grateful Americans—including those from more than 100 Prudential employees and their families—as well as coffee, single-serve snacks and candy, and hygiene and comfort items.

New research from leading experts on longevity risk from around the globe will help pension funds and insurers properly assess liabilities in a post-pandemic world.

Prudential Group Insurance is helping to improve the process of choosing and managing group benefits with new and enhanced partnerships that will provide smoother, real-time and personalized interactions.

NEWARK, N.J., May 18, 2020 - Prudential Financial, Inc. (NYSE: PRU), launched FlexGuard^SM today, the company’s first indexed variable annuity product, designed to provide customers with downside protection and the opportunity to grow and accelerate the performance of their retirement assets into the future. The commission-based version launches today, with a fee-based version of FlexGuard to follow later this year.

RIVERSIDE, Calif., May 14, 2020 – PGIM Real Estate has arranged $66 million in acquisition financing for 6275 Lance Drive, a 1-million-square-foot industrial facility located in Riverside, California, within the Inland Empire submarket. The fixed-rate loan was arranged on behalf of the borrower, for which TA Realty provides investment advisory services, and has an eight-year term. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).