September 07, 2023

Prudential Financial, Inc. and Warburg Pincus announce launch of Prismic Life Re

$10 billion initial reinsurance transaction and $1 billion equity capital investment establishes new reinsurance platform positioned for scale and long-term growth on behalf of customers.

September 07, 2023

Prudential Financial elects Kathleen Murphy to Board of Directors

Murphy brings to Prudential her extensive experience in the financial services and wealth management sectors.

August 01, 2023

Prudential Financial, Inc. Announces Second Quarter 2023 Results

Net income attributable to Prudential Financial, Inc. of $511 million or $1.38 per Common share versus net loss of $1.010 billion or $2.71 per share for the year-ago quarter.

July 24, 2023

Prudential Financial to Reinsure $12.5B Guaranteed Universal Life Block with Somerset Re

This transaction, covering policies written prior to 2015, represents approximately one-third of Prudential’s total guaranteed universal life statutory reserves.

July 20, 2023

Prudential Financial issues 2022 Sustainability Report

The report provides a comprehensive look at the company’s sustainability efforts and represents a key component in its robust sustainability disclosures.

July 18, 2023

Prudential Financial signs on as title sponsor for Brick City HBCU Kickoff Classic at Red Bull Arena

Sponsorship is part of the Newark-based financial services company’s commitment to deepen investments within the Black community to drive economic inclusion and generational wealth

June 15, 2023

Prudential Financial appoints Nandini Mongia as president, Open-Architecture Solutions

Mongia will lead the creation of an open-architecture platform that will focus on expanding Prudential’s access to serve clients through both proprietary and non-proprietary products and services.

May 02, 2023

Prudential Financial, Inc. Announces First Quarter 2023 Results

Net income attributable to Prudential Financial, Inc. of $1.462 billion or $3.93 per Common share versus net loss of $493 million or $1.33 per share for the year-ago quarter.