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Prudential Life insurance Company |
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Company Address: |
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New York, NY |
Company Website: |
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www.prudential.com |
About: |
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Prudential Financial companies serve individual and institutional customers
worldwide and include The Prudential Insurance Company of America, one of the
largest life insurance companies in the U.S. These companies offer a variety of
products and services, including life insurance, mutual funds, annuities,
pension and retirement-related services and administration, asset management,
banking and trust services, real estate brokerage franchises, and relocation
services.
Prudential Financial's Common Stock (NYSE:PRU) reflects the performance of its
Financial Services Businesses, which consist of its U.S. Retirement Solutions
and Investment Management division, its U.S. Individual Life and Group Solutions
division, its International Insurance and Investments division, and its
Corporate and Other operations.
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History: |
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The Prudential Friendly Society, founded by insurance agent John Fairfield
Dryden, was founded in a basement office in downtown Newark, N.J., in 1875. It
was the first company in the U.S. to make life insurance available to the
working class. The company sold Industrial Insurance, which provided funeral and
burial expenses for low-income families, with some weekly premiums as low as
three cents.
Four years later, Prudential's sales extended beyond New Jersey, into New York
City and Philadelphia, and the company's customer base expanded to the newly
emerging middle class. With growing sales, assets reached $1 million, and in
1885, the one-millionth policy was sold to John Dryden. Renamed "The Prudential
Insurance Company of America," Prudential later adopted The Rock of Gibraltar as
its company symbol, reflecting the strength and security it offered to
customers.
A lot has changed since 1875, but not our commitment to helping people achieve
financial security and peace of mind. For over 130 years we have demonstrated
that we know what it means to keep the promises and commitments we make.
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Company Ratings: |
| Agency |
Rating |
Description |
| A.M. Best |
A+ |
Superior |
| Standard & Poor´s |
AA- |
Very Strong |
| Moody´s |
A2 |
Good |
| Fitch |
A+ |
Strong |
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