Prudential

    retirement related services

    NYSE: PRU
    Headquarters: 751 Broad Street, Newark, NJ 07102
    http://www.prudential.com/

    2009 Market Share: 11.8 percent
    2009 Revenues in Insurance and Annuity: $12.71 billion (up $170 million from 2008)

    Key Officers: John R. Strangfeld, Jr., Chairman of the Board, President, Chief Executive Officer; Mark B. Grier, Vice Chairman of the Board; Richard J. Carbone, Chief Financial Officer, Executive Vice President.

    The Prudential Friendly Society was founded in 1875 in a basement office in Newark, N.J. and was the first U.S. company to make life insurance available to the working class. The first insurance sold provided funeral and burial expenses for low-income families, with some premiums as low as three cents per week.

    Ten years after its inception, the one-millionth policy was sold and the company was renamed “The Prudential Insurance Company of America.” The Rock of Gibraltar was later adopted as the company symbol, which is still used today.

    Prudential ranks #65 on the 2010 Fortune 500 list, and currently offers global coverage including–but not limited to–life insurance, annuities, mutual funds, investment management and retirement related services.

    Sources: Prudential.com, Money.Cnn.com

    Compiled by Life Quotes, Inc. staff

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Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

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Copyright ©1984-2012 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.