Prudential Financial Inc

Prudential Financial, Inc. is a global financial services leader and active global investment manager with approximately $1.609 trillion of assets under management as of December 31, 2025. The company operates in the United States, Asia, Europe, and Latin America. Through its subsidiaries and affiliates, Prudential Financial offers a wide range of financial products and services, including life insurance, annuities, retirement-related products and services, mutual funds, and investment management. These products and services are provided to individual and institutional customers through proprietary and third-party distribution networks. The company's principal executive offices are located in Newark, New Jersey. Prudential Financial's Common Stock is publicly traded on the New York Stock Exchange under the ticker symbol "PRU." On December 18, 2001, The Prudential Insurance Company of America (PICA) converted from a mutual life insurance company to a stock life insurance company and became a wholly-owned subsidiary of Prudential Financial. This conversion established a regulatory mechanism called the "Closed Block," which includes certain in-force participating insurance and annuity products and corresponding assets used for benefit payments and policyholder dividends on these products, along with related assets and liabilities. The company's principal operations consist of PGIM (its global investment management business), U.S. Businesses (comprising Retirement Strategies, Group Insurance, and Individual Life businesses), International Businesses, the Closed Block division, and Corporate and Other operations. The Closed Block division is reported separately from the Divested and Run-off Businesses included in Corporate and Other.