As a result of this transaction, PFI, through its subsidiary The Prudential Insurance Company of America, will be responsible for the pension benefit payments to these retirees beginning May 15, 2024.

NORTH CANTON, Ohio, Jan. 22, 2015 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) today announced that it has entered into an agreement to purchase a group annuity from The Prudential ...

New offering allows employers with self-funded medical plans to manage the risk of high medical claim payouts With Stop Loss Insurance, employers can set a cap on their potential employee healthcare ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the life/health ...

Prudential Financial Inc. (NYSE:PRU), a global leader in the insurance and financial services sector and prominent player in ...

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today launched OneLeave, adding new absence and disability capabilities to help address the challenges of workplace leaves and the ...

Prudential PLC offers strong growth potential in Asia and Africa, but the current valuation is too high for a market-beating return. The company is A-rated, low-leverage, and well managed, but its ...

Prudential will hold a 70% stake in Prudential Assurance Malaysia after the completion of the deal, which has been approved by Malaysia's central bank, the insurer said. Investmen ...