Prudential Insurance Company of America

News & Analysis

a.m. best co. and insurance 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

• 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

• 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