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Standard Life announces launch of UK Pension Risk Transfer partnership
Standard Life plc (“Standard Life”) has announced a strategic partnership (the “Partnership”), with CVC Capital Partners plc (“CVC”) and Prudential Financial, Inc. (“PFI”) of the US, alongside The Goldman Sachs Group, Inc. (“Goldman Sachs”), MS&AD Insurance Group Holdings,…
Prudential Financial, inc. Announces Second Quarter 2026 Results
Net income attributable to Prudential Financial, Inc. of $985 million or $2.80 per Common share versus net income of $533 million or $1.48 per share for the year-ago quarter. The…
Prudential Financial Board of Directors appoints Chief Executive Officer Andrew Sullivan as Chairman
Prudential Financial, Inc. announced that its Board of Directors has appointed Andrew Sullivan, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective March…
Prudential Financial elects Maryann Mannen to Board of Directors
Prudential Financial Inc. (NYSE: PRU) announced that Maryann Mannen has been elected to the Board of Directors as an independent director, effective May 12, 2026, and contingent on shareholder approval.…
Prudential Financial expands EssentialTerm suite, affordable and flexible life insurance to help protect what matters most
Prudential Financial, Inc. (NYSE: PRU) has announced the expansion of its EssentialTerm Suite for policies of $250,000 face amount and above, offering more consumers greater choice to match their individual…
Prudential Financial, Inc. Announces Second Quarter 2023 Results
Prudential Financial, Inc. reported second quarter results. Net income attributable to Prudential Financial, Inc. was $511 million ($1.38 per Common share) for the second quarter of 2023, compared to a…
Prudential Financial to Reinsure $10B block of PDI traditional variable annuities with an affiliate of Constellation Insurance Holdings
Prudential Financial, Inc. announced an agreement to reinsure a portion of its traditional variable annuity block with an affiliate of Constellation Insurance Holdings, Inc., for proceeds at closing resulting in approximately…
Prudential Financial to sell $31B PALAC block of legacy variable annuities to Fortitude Re
De-risking transaction for 17% of Prudential’s annuity block advances transformation strategy by reducing exposure to traditional variable annuities with guaranteed living benefits and capital markets sensitivity Affirms Prudential’s commitment to…
Prudential Financial announces leadership succession for Assurance IQ
Allison Arzeno will succeed Michael Rowell as CEO of Assurance IQ, a wholly owned subsidiary of Prudential Financial, Inc., effective immediately. Arzeno will report to Andy Sullivan, executive vice president…
Prudential Financial strengthens commitment to environment with new sustainability goals
Prudential Financial, Inc.’s new Global Environmental Commitment (GEC) expands the company’s support for sustainable investments through a wide range of business, operational and investment goals. These new targets to reduce…
