Prudential: Improving Execution, But A Lot Left To Prove
Prudential plc has struggled in recent years, particularly in ASEAN markets, leading to significant underperformance compared to competitors. Management is addressing these issues by refreshing and expanding product offerings, expanding bancassurance partnerships, and targeting a growing middle class for long-term earnings growth. Prior year-to-date results showed encouraging improvements in ASEAN markets, especially Indonesia and Singapore, though challenges remain in Malaysia and other regions.
Prudential Financial: Best Days May Be Yet Ahead
Prudential Financial: Best Days May Be Yet Ahead
UK's Prudential mulls listing India's ICICI Prudential Asset Management
British insurer Prudential said on Wednesday it was evaluating the potential listing of ICICI Prudential Asset Management Company, its joint venture in India, involving a partial divestment of its shares.
Prudential Financial: Back In The Buy Column Now (Rating Upgrade)
Since my previous article, Prudential Financial's shares have dipped, opening up what I believe is a buying opportunity. The company arguably has a path to high-single-digit annual after-tax adjusted operating income per share growth for the foreseeable future. Prudential possesses a rock-solid balance sheet and sports a safe and market-beating yield approaching 5%.
Prudential Financial: Mixed Results Persist In Q4
Prudential Financial shares have been a moderate performer, with mixed quarterly results sparking a 3% decline, prompting a revisit of the stock. The company faced underwriting pressure and adverse mortality results, missing earnings estimates, but PGIM showed strength with positive net flows and rising assets. Reinsurance costs and currency dynamics weighed on US and international earnings, but the investment portfolio remains solid despite CRE risk.
Prudential Financial Q4 Earnings & Revenues Miss, Dividend Raised
PRU's Q4 results reflect higher asset management fees and net investment spread results, partially offset by soft performance at the U.S. Businesses.
What's in the Cards for Prudential Financial This Earnings Season?
PRU's Q4 results are likely to reflect higher reinvestment rates, growth in indexed variable annuities and earnings from joint ventures, offset by higher expenses.
Prudential's Retirement Business Is Booming
With record numbers of people turning 65 in the US and around the world, the market for financial solutions and products related to retirement is booming. On Bloomberg Chief Future Officer, Prudential CFO Yanela Frias tells Manus Cranny how the company is positioning its retirement business to meet growing consumer demand.
Prudential Sees 10% Productivity Lift from AI, CFO says
Prudential CFO Yanela Frias says AI is speeding up underwriting, improving the customer experience, and has raised the company's productivity by 10%. Tune into this episode of Chief Future Officer Wednesday at 9:30 pm ET
What's New With Prudential Stock?
Prudential Financial's stock (NYSE: PRU) has done well over the last year, rising by about 19% since early 2024. In comparison, its peer AIG stock is up by about 9% over the same period.
Prudential Stock Slips Below 50-Day SMA: What Should You Do Now?
PRU is set to grow on solid asset-based businesses, international operations and deeper reach in pension risk transfer market.
Prudential Financial: The Buying Window Has Closed (For Now)
Since my last article, shares of Prudential Financial have moderately outperformed the S&P 500 index. The financial services giant has growth catalysts for the future. Prudential boasts A-rated corporate credit ratings from the major rating agencies.
