Wednesday, September 16, 2009

Prudential Financial

Prudential Financial, Inc.. NYSE: PRU and its subsidiaries, provides insurance products and services, investment management, and others to retail and institutional customers in the United States and in over 30 other countries. The main products and services including life insurance, Annuities, mutual funds, pension and administrative and other asset management. In addition the company also offers securities brokerage services indirectly through a minority ownership in a "joint venture". He has set the main operations to Business Financial Services and the "Closed Block Business".

Prudential consists of hundreds of subsidiaries in 30 countries. He holds more than $ 1.9 trillion of life insurance.
Beginning in Newark, New Jersey in 1875, Prudential Financial, formerly known as the "Friendly Assurance Company" and was founded by John Dryden. He sells a product of industrial life insurance.
Homeland Security secured the headquarters building in August, 2004.

History of Prudential Insurance Company of America until the year 1975 is a topic of the book Three Cents a Week; refers to the premium paid by the "policyholder".

Prudential logo, the Rock of Gibraltar, is one of the symbols of the most recognized companies in the world.

Prudential has changed from a mutual insurance company (owned by the "policyholder" it) into a stock company. Now shares are traded on the New York Stock Exchange with the symbol PRU NYSE: PRU

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