B
PRUDENTIAL INS CO OF AMERICA
NewarkNJ
Data as of
September 30, 2021
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall results on stability tests (5.8 on a scale of 0 to 10). Stability strengths include good operational trends and excellent risk diversification. Good quality investment portfolio (6.4) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (6.5) although investment income, in comparison to reserve requirements, is below regulatory standards.
Other Rating Factors: Good liquidity (6.6). Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. I - Past results on our Investment Safety Index.
Principal Lines of Business: Group annuities (57.7%), group life (8.5%), group health (5.5%), ind annuities (2.3%), ind health (0.8%), other (25.2%)
Licensed in: All states, the District of Columbia and Puerto Rico
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Prudential of America
Investment Rating
PRU
Company Address
751 BROAD STREET
NEWARK, NJ 07102
Phone Number
(973) 802-5037
NAIC Number
68241
Largest Affiliates
C
PHOENIX, AZ - L&A
U
INDIANAPOLIS, IN - P&C
Weiss Ratings