Booming annuity sales helped Prudential record strong performance in its retirement businesses during a successful third quarter.
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Prudential turned a big corner in the second quarter with robust sales of its FlexGuard flagship annuity boosting revenues.
Prudential Financial recorded stronger first-quarter earnings while cutting ties with the unsuccessful Assurance IQ business.
Prudential Financial Inc. Wednesday announced a significant turnaround in 2023, with net income reaching $2.48 billion,
Prudential Financial handily beat the street with better than expected third quarter earnings, despite $802M loss.
Prudential Financial reported a 21.5% rise in second-quarter adjusted profit as its FlexGuard suite of products sold very well.
Prudential Financial continues to make moves to shake off the earnings malaise and reverse a stock decline. The first-quarter results are mixed at best.
Prudential has advised the department that they will voluntarily reprocess denied claims dating back to June 2019 and provide benefits for the claims previously denied based solely on lack of evidence of insurability.
Prudential Financial executives stressed strong financials even as the insurer announced a $558 million loss for the fourth quarter 2022.
