Prudential

Prudential to Sell South Korean Insurance Business
M&A

Prudential to Sell South Korean Insurance Business

The insurance giant is shedding part of its overseas assets ahead of U.S. life insurance accounting changes.
By Lauren Muskett | April 10, 2020
Read More
Lockheed Sells Pension Risk
Retirement Plans

Lockheed Sells Pension Risk

The company said it reached deals with Prudential and Athene to reduce its obligations for tens of thousands of employees.
By Lauren Muskett | January 30, 2019
Read More
Prudential Appoints New CFO; Falzon Moves to Vice Chair Slot
People

Prudential Appoints New CFO; Falzon Moves to Vice Chair Slot

Ken Tanji takes over as executive vice president and CFO of Prudential Financial, replacing Robert Falzon.
By William Sprouse | September 20, 2018
Read More
Tax Law Drives Pension De-Risking Opportunity
Workplace Issues

Tax Law Drives Pension De-Risking Opportunity

The lower corporate tax rate is leading CFOs to finally address the problems of underfunding, rising costs, and mounting liabilities.
By | June 25, 2018
Read More
J.C. Penney Cuts Pension Plan Liability by Up to 35%
Retirement Plans

J.C. Penney Cuts Pension Plan Liability by Up to 35%

The retailer has completed a lump-sum offer to retirees and will annuitize other obligations through a deal with Prudential.
By Matthew Heller | October 2, 2015
Read More
Capital Callings
Banking & Capital Markets

Capital Callings

In the mutual insurance industry, the new mantra is convert or be consumed.
By Russ Banham | April 1, 1998
Read More