An internal probe uncovered fraudulent activities committed by current and former employees against some 500 customers.
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.
Jan 22 (Reuters) - British insurer Prudential said on Thursday it had agreed to buy an additional 19% stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around 1.
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 ...
Prudential Life Insurance Co. on Friday said around 100 of its employees and former employees had improperly borrowed from or ...
TOKYO, Jan 16 (Reuters) - The CEO of Prudential Financial's Japan life insurance unit will resign following revelations of ...
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 ...
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 ...
Prudential Insurance Co. of America was hit with an ERISA lawsuit on Oct. 27 in Florida Southern District Court. The action was brought by Ortiz Law Firm on behalf of a former customer experience ...