Prudential Insurance Company of America

News & Analysis

a.m. best co. and finance and prudential insurance company of america - All News and Analysis

• A.M. Best Assigns Rating to Prudential Financial, Inc.'s New Junior Subordinated Notes

  - 2008-06-27

  OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bbb" to the recently issued $800 million 9.0% junior subordinated notes of Prudential Financial, Inc. PFI (Newark, NJ) (NYSE: PRU). The outlook for the rating is positive. The ratings of PFI's domestic life/health insurance companies and existing debt...

  Tags: A.M. Best Co., FINANCE, Insurance, Prudential Insurance Company of America

• A.M. Best Assigns Rating to Prudential Financial, Inc.'s New Junior Subordinated Notes

  - 2008-06-17

  OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bbb" to the recently issued $600 million 8.875% fixed-to-floating rate junior subordinated notes of Prudential Financial, Inc. PFI (Newark, NJ) [NYSE: PRU]. The outlook for the rating is positive. The ratings of PFI's domestic life/health insurance companies and...

  Tags: A.M. Best Co., FINANCE, Insurance, Investment, Prudential Insurance Company of America

• Life by the book.(Leading Writers: Life)(Life insurence industrial ranking is base on the amount of total ordinary life issued in 2006.)(Industry ranking)(Statistical table)

  - 2007-09-01

  Life and annuity companies experienced favorable trends in operating results across most business lines last year, aided by strong equity markets and increased consumer demand for life and annuity products with secondary guarantees. The volume of total life insurance issued by U.S. insurers last...

  Tags: A.M. Best Co., Allstate Corp., American International Group Inc., FINANCE, Investment, Lincoln, Prudential Insurance Company of America

• A.M. Best Comments on Prudential Financial's Acquisition of CIGNA's Retirement & Investment Services Division

  - 2003-11-18

  Business Editors OLDWICK, N.J.--BUSINESS WIRE--Nov. 18, 2003 A.M. Best Co. acknowledges Prudential Financial Inc.'s Prudential (NYSE: PRU) (Newark, NJ) recent announcement that it has reached a definitive agreement to acquire the retirement business of the CIGNA Corporation CIGNA (NYSE: CI) (Bloomfield, CT) for $2.1 billion in cash. The...

  Tags: 401(k), A.M. Best Co., acquisition, Benefits, CIGNA Corp., FINANCE, Insurance, Investment, Prudential Insurance Company of America

• A.M. Best Comments on Prudential's Retail Brokerage Combination

  - 2003-02-19

  Business Editors/Insurance Writers OLDWICK, N.J.--BUSINESS WIRE--Feb. 19, 2003 Following the recent announcement that Prudential Financial, Inc. Prudential (Newark, NJ) (NYSE:PRU) and Wachovia Corp. will combine their retail securities brokerage and clearing operations, A.M. Best Co. observes that the financial strength ratings of A Excellent and the positive rating...

  Tags: A.M. Best Co., FINANCE, financial, Prudential Insurance Company of America

• A.M. Best Affirms Financial Strength and Debt Ratings of Prudential Insurance Company and Its Subsidiaries

  - 2002-12-20

  Business Editors OLDWICK, N.J.--BUSINESS WIRE--Dec. 20, 2002 A.M. Best Co. has affirmed the financial strength rating of A Excellent and maintained the positive outlook for The Prudential Insurance Company of America Prudential (Newark, NJ) and its wholly owned subsidiaries. Prudential's existing debt ratings were also affirmed, as well...

  Tags: A.M. Best Co., FINANCE, financial, Investment, Prudential Insurance Company of America

• A.M. Best Affirms Rating of Jackson National and Removes from Under Review

  - 2001-05-14

  Business Editors OLDWICK, N.J.--BUSINESS WIRE--May 14, 2001 A.M. Best Co. has affirmed the A+ Superior financial strength rating of Jackson National Life Insurance Company Jackson National, Lansing, Michigan, the principal U.S. subsidiary of Prudential plc, London, and removed the company from under review. This rating action follows the...

  Tags: A.M. Best Co., annuity, FINANCE, financial, Investment, Prudential Insurance Company of America, SALES

• Prudential facing pressing questions next year. (Prudential Insurance Co.)

  - 1993-12-20

  Prudential Insurance Co is under investigation for securities law violations by the insurance departments of New York and New Jersey and possibly Texas, and its financial health is under review by securities rating firm A.M. Best. The Texas insurance department will not confirm if it is investigating Prudential. Best may...

  Tags: A.M. Best Co., FINANCE, financial, Insurance, Prudential Insurance Company of America, settlement