Prudential Financial (NYSE:PRU) (NYSE: PRU) is a global financial services company that offers a broad range of insurance and investment products to individual and institutional clients. The company’s core operations encompass life insurance, annuities, retirement-related services, and asset management, delivered through a network of financial advisors, broker-dealers and retirement plan consultants. Through its subsidiaries, Prudential provides wealth management strategies, group insurance solutions and advisory services designed to help clients manage risk and build long-term financial security.
Founded in 1875 and headquartered in Newark, New Jersey, Prudential Financial has grown from a regional life insurer into one of the largest financial institutions in the United States. Over its more than 140-year history, the company has expanded organically and through acquisitions to enhance its product portfolio and geographic reach. Milestones include the 2002 formation of PGIM, its global asset management business, and the 2010 acquisition of Assurance IQ, a digital insurance distribution platform.
Prudential’s product suite is organized into three principal lines: U.S. Workplace Solutions, which includes retirement plan services and group insurance; U.S. Individual Solutions, offering life insurance, annuities and structured investments; and International Insurance, which targets emerging markets in Latin America and select Asian markets. Its asset management arm, PGIM, oversees fixed income, real estate, private equity and hedge fund strategies, serving institutional and retail investors across more than 30 countries.
With operations spanning North America, Latin America, Asia Pacific and Europe, Prudential Financial serves millions of policyholders and clients around the world. The company is led by Chairman and Chief Executive Officer Charles F. Lowrey and an experienced executive team. Through a commitment to innovation, risk management and client-centric service, Prudential continues to adapt its offerings to evolving demographic and economic trends in global markets.
