prudential
7/2/2025 02:07pm
Prudential is a global financial services leader with a rich history and a focus on serving its customers and employees. Here's an overview of the company:
1. **History**: Prudential was founded in 1875 and has since grown to become a prominent player in the global financial services market. It has a history of innovation and has expanded its operations globally, including in Asia, Africa, and other regions.
2. **Business Focus**: Prudential provides life and health insurance and asset management services to millions of customers across 24 markets. The company's strategy involves enhancing customer experiences, leveraging technology in its distribution, and transforming its health business model.
3. **Recent Transactions**: Prudential has been active in the market with recent transactions, such as the purchase of up to $500 million in consumer loans from Affirm and the reinsuring of $7 billion of Japanese whole life policies with Prismic Life. These transactions are part of Prudential's strategy to grow its business and expand access to investing, insurance, and retirement security.
4. **Corporate Values**: Prudential is committed to conducting its business with integrity and upholding core values that include being worthy of trust, customer-focused, and respectful of all employees.
5. **Financial Performance**: Prudential's investment arm, PGIM, has merged its fixed income and private credit units to create a nearly $1 trillion credit platform, as part of a strategic overhaul to stay competitive in the evolving financial sector.
Overall, Prudential is a significant player in the financial services sector, known for its history, strategic transactions, and commitment to customer