Browsing Tag
Charles Lowrey
4 posts
Prudential Financial reports Q4 2024 loss as U.S. businesses and retirement strategies struggle
Prudential Financial, Inc. posted a net loss of $57 million for the fourth quarter of 2024, marking a…
February 5, 2025
Prudential Financial, Warburg Pincus launch Prismic Life Reinsurance with $1bn initial investment
Prudential Financial, Inc. (NYSE: PRU) and Warburg Pincus have announced the formation of Prismic Life Reinsurance, Ltd., a…
September 9, 2023
Prudential to sell full-service retirement business to Empower for $3.5bn
Prudential Financial, Inc. has agreed to divest its full-service retirement business to Empower Retirement, a Denver-based retirement plan…
July 21, 2021
Prudential to acquire online insurance startup Assurance IQ for $2.3bn
Prudential acquisition of Assurance IQ : US financial services giant Prudential Financial has signed a deal worth $2.35…
September 7, 2019