Corporate
Prudential Financial was established in 1875 by John F Dryden, to make life insurance available to the American working classes for the first time. It is a US based global financial services company that has grown to become one the biggest life insurers of the US. Prudential Financial today is one of the largest financial services institutions of the world with operations across the Americas, Europe and Asia. Prudential Financial is a Fortune 500 company.Activities
Prudential Financial’s businesses can be classified into two broad areas:-
Real Estate (Locating and selling homes)
- Solutions for business and organizations that cover - Benefits and services (Institutional Retirement, Group Insurance, Relocation Services) Institutional investors (Institutional Investments, Private Placements, Guaranteed Investments, Wealth Solutions) Commercial property (Real Estate Investing, Commercial Mortgages, Commercial Real Estate)
Performance
In fiscal 2006 Prudential Financial recorded revenues of 32,488 million USD, which was 2.81 %, more than what it was in the fiscal before.The total value of the assets held by Prudential Financial in fiscal 2006 was 454,266 million USD that was 9.9 % more than what it was in the fiscal before.
Value of assets over the last 3 fiscals (In million USD)
Prudential Financial’s net income in fiscal 2006 was 3,428 million USD that was 3.2 % less than what it was in the last fiscal. Net income over the last 3 fiscals (In million USD)
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Corporate Social Responsibility
Prudential Financial is seriously involved in community development wherever it is operationally active. The involvement has two characteristics:Awards that cover: - The Prudential Spirit of Community Awards
- Annual Prudential CARES Volunteer Grants
Opportunities that cover: - The Prudential Foundation
- Social investments
- Local initiatives
- Business Diversity Outreach
Organization
Prudential Financial is headed by Mr. A. F. Ryan who is the Chairman and CEO of the companyPrudential Financial employs over 32,000 people worldwide
Prudential Financial’s global headquarters are located at:
88 Pacific StreetNewark, NJ 07105
New Jersey
USA
www.prudential.com