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Prudential market experts guardedly optimistic for growth in financial markets in 2012Prudential Financial experts on Jan. 4 expressed a tone of guarded optimism for growth amid continued volatility in the financial markets in 2012.The panelists spoke to more than 40 reporters at Prudential’s fourth annual Global Economic and Retirement Outlook briefing held in New York City. (more) |
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Prudential ranks in top third among military friendly employersFor the second consecutive year, Prudential Financial has been named to G.I. Jobs' Top 100 Military Friendly Employers list, the primary benchmark for corporate recruiting programs aimed at Veterans. The list, which appears in the magazine's December issue, was drawn from a sample of 5,000 companies whose annual revenues exceed $500 million.Prudential jumped to No. 27 on the 2012 list, up 33 slots from last year. Prudential earned the ranking on the strength of its military recruiting efforts, the percentage of new hires with prior military service and policies toward National Guard and reserve service employees. (more) |
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Prudential to sponsor the National Retirement Risk IndexPrudential will be the exclusive sponsor of the Center for Retirement Research at Boston College’s National Retirement Risk Index. The index measures the percentage of working-age Americans at risk of failing to maintain their standard of living in retirement a figure that has risen from 30 percent in 1989 to 51 percent in 2009. (more) |
Prudential Zurich Global Benefit Solutions offers group insurance referral program to multinational companiesU.S. multinational companies now have a new solution for meeting their local, international and expatriate employee benefits needs. Prudential Group Insurance and Zurich American Life Insurance Company recently launched Prudential Zurich Global Benefit Solutions. Through this program, Prudential can refer to Zurich client requests to cover third country nationals and, in some cases, local nationals and U.S. expatriates. Additionally, Zurich can refer to Prudential requests to cover large scale U.S. domestic risks.“Prudential Zurich Global Benefit Solutions allows us to offer U.S. multinational customers the group insurance capabilities of two world-leading insurance companies with superior financial strength and strong brand recognition,” says Lori High, president of Prudential Group Insurance. “As companies expand globally and employ a growing number of foreign nationals in the U.S. and global markets, our new solution makes it easy for employers to purchase employee benefit plans for their mobile workforce. This makes sense both financially and operationally.” (more) |
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THOUGHT LEADER OF THE WEEK: JOHN PRAVEEN
John Praveen, chief investment strategist for Prudential International Investments Advisers, believes 2012 is likely to be another challenging year for global stock markets and economies, as they struggle under the continuing Eurozone debt crisis. Eurozone policy makers have undertaken several measures, including numerous summits, but they have failed to emerge with a game changer to end the Eurozone crisis. (more) |
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Prudential News Releases
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25 January 2012PREI announces leadership changesPARSIPPANY, N.J., January 25, 2012 - Prudential Real Estate Investors today announced several changes to its senior leadership team, including establishing a succession plan for its global chief operating officer, naming a leader for the newly formed global client services team and announcing a new head of its U.S. business. (more) |
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23 January 2012Prudential offers new benefit to long-term care insurance customersPrudential’s long-term care insurance business is now providing policyholders access to a single, integrated source for objective, high-quality, personalized guidance to support independent living. Designed by Univita Health, the Univita Living® program is based on extensive research and the knowledge of experienced health and long-term care professionals. (more) |
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18 January 2012Thought Leader of the Week: Quincy KrosbyQuincy Krosby, chief market strategist for Prudential Annuities, believes the current volatile market environment highlights the importance for investors to maintain portfolios that hedge downside risk and also benefit from market rallies. (more) |
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17 January 2012Prudential Financial to Host 2012 Tokyo Investor DayNEWARK, N.J., January 17, 2012 - Prudential Financial, Inc. (NYSE:PRU) announced today that it will host a conference for analysts and investors in Tokyo, Japan, on Wednesday, September 12, 2012. Details will be announced closer to the date of the meeting. (more) |
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17 January 2012Stuart Parker named president of Prudential InvestmentsNEWARK, N.J., January 17, 2012 - Stuart Parker has been named president of Prudential Investments. Parker succeeds Judy Rice, who has assumed the role of chairman of Prudential Investments until her retirement at the end of 2012. Prudential Investments is the mutual fund and wealth management business of Prudential Financial, Inc. (NYSE: PRU). (more) |
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