Prudential Financial, Inc. PRU

PRU Company Overview

Prudential Financial, Inc. is a U.S.-based financial services company that operates primarily in the insurance, retirement, investment management, and asset protection industries. The company provides life insurance, annuities, retirement-related services, mutual funds, pension risk transfer solutions, and investment management products to individuals, institutions, and corporate clients. Prudential generates revenue through insurance premiums, investment management fees, spread income from annuity and retirement products, and asset management services. The company operates through several major business segments, including PGIM, U.S. Businesses, and International Businesses.

Prudential traces its origins to 1875, when it was founded as The Widows and Orphans Friendly Society in Newark, New Jersey. Over time, it evolved from a domestic life insurer into a diversified global financial institution. The company expanded materially through international growth initiatives, retirement services expansion, and the development of its institutional asset management arm, PGIM, which became one of the world’s larger investment managers by assets under management. Prudential’s strategic positioning has historically emphasized diversified earnings streams, long-duration insurance liabilities, institutional asset management capabilities, and broad exposure to retirement and aging demographic trends.