As CEO of the Japan insurance operations, Hamada will oversee the company’s three life insurance businesses in Japan — Prudential Life Insurance, Gibraltar Life Insurance, and Prudential Gibraltar Financial Life Insurance.
Prudential has been selected to participate in a $16 billion pension risk transfer transaction with International Business Machines Corporation (IBM), the second-largest pension risk transfer ever in the U.S. market.
Net loss attributable to Prudential Financial, Inc. was $565 million ($1.53 per Common share) for the second quarter of 2022, compared to net income of $2.158 billion ($5.40 per Common share) for the second quarter of 2021.
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