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Home > Company Index > Insurance > Life Insurance > Prudential Financial

Prudential Financial
 NEWS FROM THE STANDARD
IPO Weekly: Happier Days Are Here Again?
May 04 2001 03:47 PM PDT

IPO Weekly: Here Comes the 'Rock'
Apr 13 2001 03:04 PM PDT

All Signs Point to Muris to Head FTC
Mar 21 2001 05:08 PM PST

 PROFILE
With the financial services world getting rocky, Prudential Financial (formerly The Prudential Insurance Company of America; known for its Rock of Gibraltar logo) has unveiled plans to demutualize. The #1 US life insurer (ahead of Metropolitan Life) and one of the top insurers worldwide, Prudential offers individual and group life, employee benefits services, and annuities. Other operations include individual property/casualty lines, real estate brokerage, relocation services, asset management, brokerage, and other investment products and services. Prudential has operations in Asia, Europe, and North and South America.

 COMPETITION
AXA Financial, Inc. (dossier)
Citigroup Inc. (C)
Metropolitan Life Insurance Company (MET)

 DEALS
Deal: Prudential Foundation Makes Philanthropic Partnership
Date Announced: 02.26.01
Value of transaction (US $Mil): 0
Description: The Prudential Foundation and Living Classrooms Foundation have entered an alliance to create SkyTrekkers. SkyTrekkers will give schoolchildren a chance to learn about the world through interactive, Web-based activities and competition.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 26,544.00
1-Yr. Sales Growth: (0.1)%
Employees: 56,925
Revenue per employee: $466,297.76

 KEY PEOPLE
• Arthur F. Ryan
    CEO
• Richard J. Carbone
    CFO

 CONTACT INFO
751 Broad St.
Newark, NJ 07102
US
Phone: 973-802-6000
Fax: 973-367-6476
Online: Web Site

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