The Pru

Prudential launches FlexGuard Income indexed variable annuity – a new investment and income strategy with enhanced flexibility and control

Retrieved on: 
Tuesday, June 15, 2021
Professional services, Nursing, Health, Hospitals, Finance, Banking, Prudential Financial, Companies, Prudential plc, Prudential, The Pru, Organizations, Stock exchanges

Dylan Tyson, President, Prudential Annuities (Photo: Business Wire)

Key Points: 
  • Dylan Tyson, President, Prudential Annuities (Photo: Business Wire)
    Todays financial challenges require new and different solutions, said Dylan Tyson, president of Prudential Annuities.
  • They need customizable investment strategies and income solutions that provide the potential to grow assets and protect financial outcomes.
  • FlexGuard Income is initially available through Prudential Advisors financial professionals and will expand to additional, third-party broker dealers in fall 2021.
  • Prudential Annuities is a business of Prudential Financial, Inc. Prudential Advisors is a brand name of The Prudential Insurance Company of America and its subsidiaries.

Prudential Financial names Spirit of Community Class of 2021, celebrating young volunteers for tackling the challenges of a changing world

Retrieved on: 
Tuesday, February 9, 2021
Prudential Financial, Prudential Spirit of Community Award, The Pru, National Association of Secondary School Principals, Companies, Pru, Awards, NASSP, Organizations

The Prudential Spirit of Community Awards, conducted annually by Prudential in partnership with the National Association of Secondary School Principals (NASSP), honors students in grades 5-12 for making meaningful contributions to their communities through volunteer service.

Key Points: 
  • The Prudential Spirit of Community Awards, conducted annually by Prudential in partnership with the National Association of Secondary School Principals (NASSP), honors students in grades 5-12 for making meaningful contributions to their communities through volunteer service.
  • "We are proud to celebrate the vision and determination of Spirit of Community's Class of 2021, and all the ways they're making their communities safer, healthier and more equitable places to live."
  • Selection was based on criteria including impact, effort, initiative and the personal growth demonstrated over the course of the project.
  • Prudential Financial, Inc. (NYSE: PRU), a financial wellness leader and premier active global investment manager, has operations in the United States, Asia, Europe and Latin America.

Jackson to Fully Separate From Prudential plc Through Proposed Spin-Off in 2Q 2021

Retrieved on: 
Thursday, January 28, 2021
Other Professional Services, Professional services, Insurance, Finance, Companies, Holborn, Prudential plc, The Pru, Prudential, Demerger, JXN

Prudential plc (Prudential or the Group), the parent company of Jackson Financial Inc. (Jackson), today announced that the Prudential Board has decided to pursue the separation of Jackson from the Group in the second quarter of 2021 through a demerger, whereby shares in Jackson would be distributed to Prudential shareholders.

Key Points: 
  • Prudential plc (Prudential or the Group), the parent company of Jackson Financial Inc. (Jackson), today announced that the Prudential Board has decided to pursue the separation of Jackson from the Group in the second quarter of 2021 through a demerger, whereby shares in Jackson would be distributed to Prudential shareholders.
  • At the time of the spin-off, Prudential intends to retain a 19.9 percent interest in Jackson that it will fully divest over time.
  • Jackson continues to progress with key stakeholders and, following the proposed separation, expects to list on the New York Stock Exchange using the ticker JXN.
  • Jackson is an indirect subsidiary of Prudential plc, an Asia-led portfolio of businesses focused on structural growth markets.

Prudential Private Capital invests $140M in the Dayton Power & Light Company

Retrieved on: 
Thursday, September 3, 2020
Banking, Professional services, Finance, PGIM, Companies, Prudential plc, Prudential Financial, The Pru, Prudential, Pru, Stock exchanges, Prudential Private Capital, PGIM, Prudential

Prudential Private Capital provided $140 million of first mortgage bond financing to the Dayton Power & Light Company (DP&L), the wholly owned electric utility of parent company, AES, funding with execution certainty during the COVID-19 global pandemic.

Key Points: 
  • Prudential Private Capital provided $140 million of first mortgage bond financing to the Dayton Power & Light Company (DP&L), the wholly owned electric utility of parent company, AES, funding with execution certainty during the COVID-19 global pandemic.
  • Prudential Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM , the $1.4 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).
  • We have been impressed by the Prudential Private Capital teams support and understanding of our regulated utility and contracted independent power producer businesses and related capital needs.
  • Learn about Prudential Private Capital: prudentialprivatecapital.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200903005488/en/

Women Presidents' Organization Members Benefit From Newly Available Prudential Financial Wellness Program

Retrieved on: 
Monday, July 20, 2020
Business, Articles, Economy, Prudential Financial, Prudential plc, Prudential, The Pru, Entrepreneurship, WPO, Female entrepreneurs

NEW YORK, July 20, 2020 /PRNewswire/ --The Women Presidents' Organization (WPO) selected Prudential Financial, Inc. (Prudential) to provide a customized Prudential Financial Wellness Program to its members.

Key Points: 
  • NEW YORK, July 20, 2020 /PRNewswire/ --The Women Presidents' Organization (WPO) selected Prudential Financial, Inc. (Prudential) to provide a customized Prudential Financial Wellness Program to its members.
  • We are excited to offer the Prudential Financial Wellness Program to help successful women entrepreneurs provide a unique offering to their employees that speaks to increased quality of life," said WPO Chief Executive Officer CamilleBurns.
  • WPO members will be able to reap the benefits of Prudential's Financial Wellness program by giving their employees access to expanded tools and capabilities that help them achieve lasting financial health."
  • An international membership organization, the Women Presidents' Organization is the premier peer advisory organization connecting successful entrepreneurs who own multimillion-dollar companies.

Prudential Financial, Inc. to sell Prudential of Korea to KB Financial Group for US $1.9 billion

Retrieved on: 
Friday, April 10, 2020
Banking, Professional services, Insurance, Finance, Companies, Prudential plc, Prudential, Assurance, The Pru, Pru, Prudential Financial, Stock exchanges, Prudential Financial, Inc., KB Financial Group Inc.

Prudential Financial, Inc. (NYSE:PRU) announced today that it has entered into a definitive agreement with KB Financial Group Inc. (KB), a Korean financial services provider, to sell The Prudential Life Insurance Company of Korea, Ltd.

Key Points: 
  • Prudential Financial, Inc. (NYSE:PRU) announced today that it has entered into a definitive agreement with KB Financial Group Inc. (KB), a Korean financial services provider, to sell The Prudential Life Insurance Company of Korea, Ltd.
  • This transaction is consistent with Prudential Financials strategic focus internationally on Japan and higher-growth emerging markets around the world.
  • About KB Financial Group Inc.
    KB Financial Group is Koreas leading financial services provider offering a broad range of financial products and services.
  • There can be no assurance that future developments affecting Prudential Financial, Inc. and its subsidiaries will be those anticipated by management.