Latest Prudential Headlines
All the headlines from our Prudential Topic Page, ordered by recency.
Prudential Hosts Minority Interchange Conference Today
Feb 25 2002 // Prudential Financial will host ceremonies for Minority Interchange’s Black History Month 2002 beginning at noon today at its corporate headquarters in Newark New Jersey. ” Minority Interchange is a...
NLRB Sets Procedure for Prudential Agents Union Vote in Newark
Feb 20 2002 // Gary T. Kendellen, Regional Director of the Newark, New Jersey Region of the National Labor Relations Board, has approved the final arrangements on procedures for conducting a union representation election among over 2,000...
James Tignanelli Named to Head Prudential’s NJ P/C Operations
Feb 12 2002 // James A.Tignanelli will take over as head of Prudential New Jersey’s property/ casualty business, following his appointment as president of The Prudential Property and Casualty Insurance Company of New Jersey (PRUPAC...
Investments Show Confidence in Mexican Insurance Industry
Feb 11 2002 // One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the...
Prudential U.K. Confirms $1.2 Billion Deal with Winterthur, 2,100 Job Losses Expected
Nov 5 2001 // Prudential U.K. confirmed reports which first appeared last week that it has reached an agreement to sell its general insurance business to Switzerland’s Winterthur, the insurance arm of Credit Suisse/First Boston,...
Report Prudential U.K. To Sell Non-Life Business to Winterthur
Nov 1 2001 // According to a report in London’s Financial Times Switzerland’s Winterthur, the insurance arm of Credit Suisse First Boston, has reached an agreement to acquire the general insurance business of Prudential U.K....
NJ Insurance Commissioner Approves Prudential Demutualization Plan
Oct 16 2001 // New Jersey’s Commissioner of Banking and Insurance
Prudential (U.K.), Other Europeans Seeking U.S. Acquisitions
May 16 2001 // Enriched by the $600 million it received as a break up fee from AIG-American General, Britain’s Prudential plc is still looking for opportunities to expand in the U.S. market, but it’s not alone. According to...
Prudential Insurance Undergoes Name Change
May 3 2001 // The Prudential Insurance Company of America announced a new name: Prudential Financial. The name change reflects the company’s evolution from an insurance company focused solely on protection to a company involved in...
Prudential Demutualization Plan Moves Forward
May 1 2001 // New Jersey’s Department of Banking and Insurance notified Prudential Insurance Company of America that the company’s application for demutualization has been completed. By finalizing the arrangement, the...
AIG Outbids Prudential for American General
Apr 30 2001 // No one has ever accused American International Group (AIG) CEO, Maurice “Hank” Greenberg, of thinking small or being timid. He reinforced his reputation April 3 with a letter to American General CEO Robert...
Philadelphia Resident Caught in Auto Fraud Scheme
Apr 29 2001 // The CDI announced the arrest of John Martin by the Philadelphia Police Department Felony Warrant Detail. The arrest warrant was issued in Orange Superior County Superior Court in response to two felony charges filed by the...
Prudential plc To Acquire Allstate Life Business in The Philippines, Indonesia
Apr 25 2001 // Britain’s Prudential plc will further expand its operations in Asia with the acquisition of Allstate’s majority holdings in two life insurance companies in The Philippines and Indonesia. Allstate said it was...
Prudential Completes Takeover of Kyoei Life
Apr 24 2001 // Prudential Insurance Co. of America announced that, following the recent approvals by the Tokyo District Court, it had completed its rescue plan for the insolvent Japanese insurer Kyoei Life Insurance Co. Ltd. and would...
AIG Tops Pru’s Bid for American General
Apr 23 2001 // No one has ever accused American International Group’s (AIG) legendary CEO, Maurice “Hank” Greenberg, of thinking small or being timid. He reinforced his reputation on April 3 with a letter to American...
CGNU, Prudential Report Strong Q1 Growth
Apr 20 2001 // Despite the economic slowdown in the U.S., two of the U.K.’s largest insurers, CGNU and Prudential plc, reported strong first quarter sales growth with new business in the U.K. up over 20 percent. Measured by the...
Prudential Drops Injunction Demand
Apr 18 2001 // Prudential plc announced that it is no longer seeking an injunction against AIG to halt its talks with American General, but it isn’t dropping its lawsuit, and will continue to seek monetary damages. The injunction...
American General O.K.’s Talks With AIG
Apr 10 2001 // American General’s board of directors inched a step closer to American International Group, and a step further away from Britain’s Prudential plc, on Monday, when it voted to authorize its management and...
Prudential Won’t Increase Am Gen Bid
Apr 6 2001 // Prudential (U.K.) announced that it did not intend to increase the value of its bid for American General by offering additional cash to its shareholders. This increases the likelihood that AIG’s counter offer will...
AIG Tops Prudential Bid For American General
Apr 4 2001 // No one has ever accused AIG’s legendary CEO, Maurice “Hank” Greenberg, of thinking small, and the Tuesday night bombshell he dropped into the merger plans between Prudential U.K. and Houston-based...
