PRU

Perseus Mining March Quarter Investor Webinar

Retrieved on: 
Tuesday, April 9, 2024
PRU, Telephone, Web conferencing, AEST

Perth, Western Australia/April 10, 2024/Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its March 2024 Quarterly Results, which are anticipated for release around 8:30am AEST on Wednesday April 24, 2024.

Key Points: 
  • Perth, Western Australia/April 10, 2024/Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its March 2024 Quarterly Results, which are anticipated for release around 8:30am AEST on Wednesday April 24, 2024.
  • After registering, you will receive a confirmation email containing information about joining the webinar.
  • To join the webinar via telephone, please use one of the following numbers and enter the Webinar ID: 828 5577 1169
    For higher quality, dial a number based on your current location:

Perseus's Offer for OreCorp Unconditional and Best and Final

Retrieved on: 
Monday, April 8, 2024
PRU, ASX, Perseus, Business, Corporations Act 2001, Chapter Six, Management

OreCorp Shareholders should Accept the Offer now in respect of Your OreCorp Shares.

Key Points: 
  • OreCorp Shareholders should Accept the Offer now in respect of Your OreCorp Shares.
  • Perseus refers to OreCorp’s announcement today noting that OreCorp is actively working with Perseus to transition the OreCorp Board and management team.
  • Perseus Chairman and Chief Executive Officer, Jeff Quartermaine, said:
    “We are pleased with the positive response from OreCorp Shareholders and to be able to declare the Offer unconditional and best and final.
  • The Offer provides compelling benefits and value to OreCorp Shareholders, as well as the opportunity for OreCorp Shareholders to realise certain and expedited value for their OreCorp Shareholdings.

Change to Perseus's Senior Management Team

Retrieved on: 
Sunday, April 7, 2024
PRU, Family

Mr. Schummer has agreed to remain in his role with Perseus until the end of September to manage a number of strategic work streams that are currently underway at the mine sites and to assist with the smooth transition to his successor.

Key Points: 
  • Mr. Schummer has agreed to remain in his role with Perseus until the end of September to manage a number of strategic work streams that are currently underway at the mine sites and to assist with the smooth transition to his successor.
  • The process to select and appoint a new COO will commence immediately with consideration being given to both internal and external candidates for the role.
  • We wish Dave and his family all the best for the future.
  • We will commence the search for a new COO immediately and look forward to Dave’s support in ensuring a smooth transition over the coming months.”

Prudential Financial introduces new workplace insurance benefits that help support mental health and growing families

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Mental Health, Health, Insurance, Health Insurance, Human Resources, Finance, PRU, Substance abuse, Infertility, Prudential Financial, Prudential, Mental health, Prenatal care, Hospice and palliative medicine, Anxiety, DSM-IV codes, Hospital, Multimedia, Family, Group insurance, Health insurance

Prudential Financial, Inc. ( NYSE: PRU ) has introduced new voluntary workplace insurance offerings that help support family building and mental health, including benefits that cover fertility procedures, extended hospital stays, screenings for substance use, and severe mental illness.

Key Points: 
  • Prudential Financial, Inc. ( NYSE: PRU ) has introduced new voluntary workplace insurance offerings that help support family building and mental health, including benefits that cover fertility procedures, extended hospital stays, screenings for substance use, and severe mental illness.
  • View the full release here: https://www.businesswire.com/news/home/20240404432800/en/
    Jess Gillespie, Head of Product and Underwriting, Prudential Group Insurance (Photo: Business Wire)
    Voluntary or supplemental insurance refers to optional, employee-paid benefits that can help pay for out-of-pocket medical expenses not covered by health insurance, such as co-pays, co-insurance and deductibles.
  • As part of Prudential Group Insurance’s expanded suite of Critical Illness and Hospital Indemnity insurance, the new mental health benefits include screenings for anxiety, mood disorders and substance abuse — as well as coverage for the most diagnosed mental health conditions and severe mental illness.
  • “Employees turn to their employers for benefits that can help them during key life events,” said Gillespie.

PGIM launches three Retirement Spending Funds for personalized spending goals

Retrieved on: 
Wednesday, April 3, 2024
Personal Finance, Professional Services, Finance, PRU, Growth, Prudential Financial, Retirement, Investment, PGIM, Multimedia, ETF

PGIM,1 the $1.3 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), has launched three retirement spending funds: the PGIM Conservative Retirement Spending Fund , PGIM Moderate Retirement Spending Fund and the PGIM Enhanced Retirement Spending Fund .

Key Points: 
  • PGIM,1 the $1.3 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), has launched three retirement spending funds: the PGIM Conservative Retirement Spending Fund , PGIM Moderate Retirement Spending Fund and the PGIM Enhanced Retirement Spending Fund .
  • The Funds are designed for investors near or in retirement and aim to help U.S. workers better manage their long-term investments based on their personal spending goals, taking essential and flexible spending into account.
  • The Funds, subadvised by PGIM DC Solutions, are each “fund of funds” investing primarily in a range of fixed income, equity, real asset and alternative mutual funds and ETFs.
  • The PGIM Retirement Spending Funds offer three distinct portfolios to address these differences, providing a more personalized approach and thoughtful asset allocation mix to help meet varying income needs,” said Jeremy Stempien, co-portfolio manager of the PGIM Retirement Spending Funds and the PGIM Target Date Funds.

Prudential Financial, Inc. to Announce First Quarter 2024 Earnings; Schedules Conference Call

Retrieved on: 
Tuesday, April 2, 2024
Asset Management, Professional Services, Insurance, Finance, Prudential Financial, PRU, News

Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes.

Key Points: 
  • Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes.
  • The earnings news release, the financial supplement, and related materials will be posted on the company’s Investor Relations website at investor.prudential.com .
  • Members of Prudential’s senior management will host a conference call on Wednesday, May 1, 2024, at 11:00 a.m.
  • The conference call will be broadcast live over the company’s Investor Relations website at investor.prudential.com .

Somerset Announced Close of Reinsurance Transaction With Prudential

Retrieved on: 
Monday, April 1, 2024
Professional Services, Other Professional Services, Insurance, Finance, Consulting, Personal Finance, Prudential Financial, PRU, Prudential, RBC Capital Markets, Reinsurance, Willkie Farr & Gallagher, LLP, Wells Fargo

Somerset Reinsurance Ltd. ("Somerset"), a leading provider of reinsurance solutions to the U.S. life insurance and annuity market, announced today the close of its reinsurance transaction with Prudential Financial, Inc. (NYSE: PRU) (“Prudential”).

Key Points: 
  • Somerset Reinsurance Ltd. ("Somerset"), a leading provider of reinsurance solutions to the U.S. life insurance and annuity market, announced today the close of its reinsurance transaction with Prudential Financial, Inc. (NYSE: PRU) (“Prudential”).
  • The transaction includes $12.5 billion of reserves backing Prudential’s guaranteed universal life policies issued by Pruco Life Insurance Company and Pruco Life Insurance Company of New Jersey.
  • Wells Fargo Securities, LLC served as exclusive financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Prudential for the transaction.
  • RBC Capital Markets served as financial advisor and Mayer Brown LLP served as legal counsel to Somerset Re for the transaction.

Prudential Financial Completes Guaranteed Universal Life Block Reinsurance Transaction With Somerset Re

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Insurance, Finance, Prudential Financial, PRU

Prudential Financial, Inc. ( NYSE: PRU ) announced today that it has successfully closed a reinsurance transaction for a portion of its guaranteed universal life block with Somerset Re.

Key Points: 
  • Prudential Financial, Inc. ( NYSE: PRU ) announced today that it has successfully closed a reinsurance transaction for a portion of its guaranteed universal life block with Somerset Re.
  • This transaction, originally announced on July 24, 2023, advances the company’s strategy to reduce market sensitivity and increase capital efficiency.
  • The financial impacts of the transaction are expected to be generally consistent with those highlighted in the prior announcement.

Origami Risk Selected by Public Risk Underwriters of Florida for Policy Administration and Billing

Retrieved on: 
Tuesday, March 19, 2024
Software, Supply Chain Management, Professional Services, Data Management, Energy, Technology, Commercial Building & Real Estate, Construction & Property, Retail, Insurance, Human Resources, Consulting, Manufacturing, Origami, PRU, Automation, Multimedia, Software as a service, Policy, Overalls, Management

Origami Risk’s multi-tenant SaaS P/C platform has been selected by Public Risk Underwriters of Florida, Inc. (PRU), the program manager of Preferred Governmental Insurance Trust, to streamline its policy administration and billing processes.

Key Points: 
  • Origami Risk’s multi-tenant SaaS P/C platform has been selected by Public Risk Underwriters of Florida, Inc. (PRU), the program manager of Preferred Governmental Insurance Trust, to streamline its policy administration and billing processes.
  • This press release features multimedia.
  • "Our members rely on us for comprehensive solutions and innovative product offerings.
  • Origami’s state-of-the-art platform gives us the ability to respond to their needs with greater speed, accuracy and efficiency,” said Jennifer Martin, executive vice president, PRU.

AM Best Assigns Issue Credit Rating to Prudential Financial, Inc.’s New Junior Subordinated Notes

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Insurance, Finance, PRU, Prudential Financial, Prudential, ALL, News, Disclosure, Credit, Credit rating, AM Best, Good, PGIM

AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $1 billion, 6.5% fixed to fixed reset rate junior subordinated notes, due March 15, 2054, of Prudential Financial, Inc. (Prudential) (Newark, NJ) [NYSE: PRU].

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $1 billion, 6.5% fixed to fixed reset rate junior subordinated notes, due March 15, 2054, of Prudential Financial, Inc. (Prudential) (Newark, NJ) [NYSE: PRU].
  • The outlook assigned to this Credit Rating (rating) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.