Prudential
Prudential Financial is a leading financial services company with approximately $942 billion in assets under management.
With over 50,000 employees, Prudential has operations in the United States, Europe, Asia and Latin America. The company has been in business for 136 years and is currently a listed company on the New York Stock Exchange.
Prudential Financial offers a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. Prudential is a leading provider of variable annuities in the United States.
Prudential's wide range of insurance and investment-related products and services enables the company to address the wealth growth and protection needs of millions of financial services consumers around the world.
Prudential Product Reviews |
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Product Review of Prudential Premier Retirement Variable Annuities L Series
The L series variable annuity from Prudential is supposed to provide some... Product Review of Prudential Premier Retirement Variable Annuities B Series
The B series has a fee structure that is lower than the other variable... Product Review of Prudential Premier Retirement Variable Annuities X Series
There are actually some pretty compelling liquidity features that come with... Product Review of Prudential Premier Retirement Variable Annuities X Series
There are 4 variable annuities that are part of the Premier Retirement VA... |
Products Offered |
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General Information | |
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Website | http://www.prudential.com |
Type | Insurance Company |
Founded | 1875 |
Ownership | |
Country | USA |
Contact Information | |
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Address | One Corporate Drive Shelton, CT 06484 |
Phone | 888-778-2888 |
Fax |
Information & Articles about Prudential
Life insurance companies that have bank holding company status and applied for TARP funds prior to November 14 2008 will receive $22 billion in TARP funds from the U.S. Treasury. Companies that are set to receive funds include: Hartford Financial Services Group, Prudential Financial, Principal Financial Group, Lincoln National, Allstate and Ameriprise Financial. Many life insurers--particularly those with meaningful variable annuity businesses--have been significantly impacted by the capital markets volatility during the financial crisis. Source: Wall Street Journal (subscription required) |
It is a fact that people are living longer with each passing year. Longevity risk or the risk of outliving one's assets must be a fundamental consideration with any financial plan. Annuities can provide an effective hedge against longevity risk, and a longevity annuity can be especially useful in providing guaranteed lifetime income. Some facts and figures from the Prudential Insurance Company:
Source: Prudential Insurance Company |
The U.S. Treasury Department is expected to annouce that TARP funds will be extended to certain life insurers that have bank holding or thrift status. The potential TARP funds are seen as most beneficial for those life insurers whose capital bases have suffered most during the financial crisis. Strengthened capital bases are likely a positive for consumers of life and annuity products, while industry shareholders and executives would suffer from dilution of their ownership and increased regulatory burden in areas such as executive compensation. Possible TARP fund recipients include Hartford Financial Services Group, Lincoln National, Genworth Financial, Prudential and MetLife, Principal Financial Group and the Phoenix Companies. Source: Wall Street Journal |
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