Prudential Financial
American life insurance company
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February 2025 | Prudential considered listing its Indian joint venture, ICICI Prudential Asset Management, potentially divesting part of its 49% stake, which boosted Prudential's shares by over 8%. |
2019 | Prudential became the largest insurance provider in the United States, with $815.1 billion in total assets. |
September 2019 | Prudential agreed to acquire online startup Assurance IQ Inc. for $2.35 billion, though industry commentators believed the company overpaid for the acquisition. |
2018 | Ranked No. 52 in the Fortune 500 list of the largest United States corporations by total revenue. |
2017 | Ranked #69 on the Forbes World's Biggest Public Companies list with a market value of $45.6 billion. |
January 2013 | Prudential acquired the individual life insurance business from The Hartford for $615 million in cash, including 700,000 in-force life insurance policies with a face amount of approximately $135 billion. |
2011 | Prudential sold Prudential Bache Commodities, LLC to Jefferies. |
February 2011 | Prudential acquired AIG Edison and AIG Star in Japan from American International Group, Inc (AIG) for a total of $4.8 billion, bolstering its operations in Asia. |
August 2010 | Bereaved families of fallen service members filed a lawsuit against Prudential regarding the controversial retained asset account practices. |
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