Prudential Financial, Inc. [PRH]
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About
Prudential Financial, Inc. operates as a multinational financial services company headquartered in Newark, New Jersey. The company provides insurance, investment management, and other financial products and services to both retail and institutional customers across the United States and over 40 countries worldwide. Prudential operates through three primary business segments: PGIM (its global investment management division with approximately $1.3 trillion in assets under management), U.S. Businesses (including life insurance, annuities, and retirement solutions), and International Businesses (focusing on life insurance and retirement products in Japan, Asia, and Latin America). The company serves approximately 50 million customers and employs roughly 40,000 people globally. Founded in 1875, Prudential ranks among the largest life insurance companies in the United States and maintains a significant presence in Japan through its Gibraltar Life Insurance subsidiary. Recent strategic initiatives include expanding its workplace solutions offerings, enhancing digital capabilities across its platforms, and growing its asset management business through PGIM. The company has focused on transforming its business mix toward higher-growth, capital-efficient operations while maintaining its core strengths in insurance and retirement products. Prudential's diversified business model spans individual life insurance, group insurance, retirement strategies, and institutional investment management, positioning it as a comprehensive financial services provider.