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Encyclopedia > Prudential Financial
Prudential Financial Inc
Prudential Financial
Type Public
Founded Newark, New Jersey, 1875
Location Newark, New Jersey
Key people Arthur Ryan, CEO & Chairman
Products Insurance
Employees 39,422
Website www.prudential.com

This article refers to Prudential Financial, based in the United States. See Prudential plc for information about the UK based company. Image File history File links Prudential_Financial_Logo. ... A public company is a company owned by the public rather than by a relatively few individuals. ... Skyline of downtown Newark as seen from the Newark Bay Bridge. ... Skyline of downtown Newark as seen from the Newark Bay Bridge. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... The front page of the English Wikipedia Website. ... This article refers to Prudential plc, based in the United Kingdom. ...


Prudential Financial, Inc. (NYSE: PRU) and its subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 30 other countries. Principal products and services provided include life insurance, annuities, mutual funds, pension- and retirement-related investments, and administration and asset management. In 1981, the company acquired Bache & Co., a stock brokerage service now operating as a wholly owned subsidiary. Prudential has organized its principal operations into the Financial Services Businesses and the Closed Block Business. New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is by far the largest stock exchange in the world (by dollar volume) and second largest by number of listings. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. ... Investment management, also called portfolio management or money management, it is a branch of investment analysis that looks into the process of managing money. ... Drawing of a self-service store. ... It has been suggested that Life assurance be merged into this article or section. ... The term annuity in current use in the insurance industry, refers to two very different types of legal contracts with very different purposes. ... The central idea of a mutual fund is to enable investors to pool their money and place it under professional investment management. ... The examples and perspective in this article or section may not represent a worldwide view. ... Retirement is the status of a worker who has stopped working. ... Asset management is the method that a company uses to track fixed assets, for example factory equipment, desks and chairs, computers, even buildings. ... Bache & Co. ... A stockbroker is a person (or company) who buys and sells stocks on behalf of another person (or company). ...


Prudential is composed of hundreds of subsidiaries and holds more than $1.9 trillion dollars of life insurance.

Newark skyline, with the Prudential Financial headquarters.
Enlarge
Newark skyline, with the Prudential Financial headquarters.

Contents

Image File history File links Download high resolution version (1400x1050, 349 KB) Newark, New Jersey with the headquarters of Prudential Financial prominent. ... Image File history File links Download high resolution version (1400x1050, 349 KB) Newark, New Jersey with the headquarters of Prudential Financial prominent. ... Skyline of downtown Newark as seen from the Newark Bay Bridge. ...


History

Started in Newark, New Jersey in 1875, Prudential Financial, as it is known today, was originally called the "Friendly Assurance Company" and was founded by John F. Dryden, who later became a U.S. Senator. It sold one product, industrial life insurance. Skyline of downtown Newark as seen from the Newark Bay Bridge. ... John Fairfield Dryden (August 7, 1839 - November 24, 1911) was a businessman and a United States Senator from New Jersey. ...

Homeland Security secured the headquarters building in August, 2004.
Enlarge
Homeland Security secured the headquarters building in August, 2004.

A history of The Prudential Insurance Company of America up to about 1975 is the topic of the book Three Cents A Week, referring to the premium paid by early policyholders. Image File history File links Download high resolution version (1408x1056, 538 KB) Newark Homeland Security outside the Prudential Financial Building in Newark, New Jersey following the announcement of a terrorist threat by the Office of Homeland Security. ... Image File history File links Download high resolution version (1408x1056, 538 KB) Newark Homeland Security outside the Prudential Financial Building in Newark, New Jersey following the announcement of a terrorist threat by the Office of Homeland Security. ... On October 8, 2001, in response to the September 11, 2001 attacks, President George W. Bush announced the establishment of an executive-level Office of Homeland Security to coordinate homeland security efforts, to be headed by Governor Tom Ridge with the title of Assistant to the President for Homeland Security. ...

Prudential logo, 1980s(?)
Prudential logo, 1980s(?)

Prudential's logo, The Rock of Gibraltar, is one of the most recognized corporate symbols in the world. Slogans "Own a Piece of the Rock" and "Strength of Gibraltar" are also still quite widely associated with Prudential. The former slogan was dropped for a time during the mid-1980s, due to jokes related to the death of actor Rock Hudson from AIDS-related cancer. Image File history File links Prudential84. ... Image File history File links Prudential84. ... A logotype (from the Greek λογότυπο), commonly known as a logo, is the graphic element of a trademark or brand, which is set in a special typeface and/or font, or arranged in a particular, but legible, way. ... The Rock of Gibraltar as seen from ground level The Rock of Gibraltar, sometimes called the Pillar of Hercules is located in Gibraltar, off the southwestern tip of Europe on the Iberian Peninsula. ... Rock Hudson (November 17, 1925 – October 2, 1985) was an American actor, famous for his rugged good looks. ...


Prudential has evolved from a mutual insurance company (owned by its policyholders) to a stock company. It is now traded on the New York Stock Exchange under the symbol PRU. New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is by far the largest stock exchange in the world (by dollar volume) and second largest by number of listings. ...


In April 2004, the company acquired the retirement business of CIGNA Corporation. 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... CIGNA (NYSE: CI) is a Philadelphia-based insurance company, the oldest stock insurance company in the United States. ...


On August 1, 2004, the Office of Homeland Security announced the discovery of terrorist threats against the Prudential Financial headquarters in Newark, New Jersey, prompting large-scale security measures such as concrete barriers and internal security changes such as X-ray machines. August 1 is the 213th day of the year in the Gregorian Calendar (214th in leap years), with 152 days remaining. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... On October 8, 2001, in response to the September 11, 2001 attacks, President George W. Bush announced the establishment of an executive-level Office of Homeland Security to coordinate homeland security efforts, to be headed by Governor Tom Ridge with the title of Assistant to the President for Homeland Security. ... Skyline of downtown Newark as seen from the Newark Bay Bridge. ... In the NATO phonetic alphabet, X-ray represents the letter X. An X-ray picture (radiograph) taken by Röntgen An X-ray is a form of electromagnetic radiation with a wavelength approximately in the range of 5 pm to 10 nanometers (corresponding to frequencies in the range 30 PHz...


Diversity

Prudential received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2003, the second year of the report. In addition, the company was named one of the "100 Best Companies for Working Mothers" in 2004 by Working Mothers magazine. A report published by the Human Rights Campaign Foundation. ... HRC logo The Human Rights Campaign (HRC) is one of the largest lesbian, gay, bisexual, and transgender (LGBT) equal rights organization in the United States. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...


See also

This article refers to Prudential plc, based in the United Kingdom. ...

External links


  Results from FactBites:
 
Prudential Guaranteed Life - Prudential Financial (911 words)
Prudential Guaranteed Life is an ideal policy for those who want a completely guaranteed whole life insurance policy.
Prudential Guaranteed Life has a guaranteed death benefit that is payable to your beneficiaries as long as all premiums have been paid when due and there are no outstanding loans, which will reduce the death benefit.
For no additional premium, this valuable rider can help relieve some of the financial strain by enabling you to receive part of the death benefit while you are alive if you become terminally ill, are confined to a nursing home, or need a vital organ transplant and meet certain criteria.
Prudential Financial - Wikipedia, the free encyclopedia (436 words)
Started in Newark, New Jersey in 1875, Prudential Financial, as it is known today, was originally called the "Friendly Assurance Company" and was founded by John F. Dryden, who later became a U.S. Senator.
Prudential's logo, The Rock of Gibraltar, is one of the most recognized corporate symbols in the world.
Prudential received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2003, the second year of the report.
  More results at FactBites »


 

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