In America, it's becoming more challenging for Americans to achieve the dream of a secure retirement. The shift decades ago from pension plans to 401k retirement plans and other self-funded options left many unprepared for retirement.Hi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July ...

保德信资管是我国第一家由境外金融机构直接发起设立的独资保险资管公司，注册在北京市西城区，注册资本2000万美 元，由美国保德信保险公司（The Prudential Insurance Company of America）100%出资。 美国保德信保险直接发起设立 在拿到筹建批文近一年后，保德信保险资产管理有限公司（简称保德信资管）获批开业。 据"保德信资管"官微信息，"2025年9月2日，保德信保险资产管理有限公司正式获得国家金融监督管理总局的开业批复。" 根据公司官方发布的信息，保德信资管的开业，标志着美国保德信金融集团在华布局的进一步深化，也彰显了外资机构 对中国市场的坚定信心。 保德信资管是保德信金融集团中国战略的重要支点，其业务蓝图涉及全球化经验与本地实践融合。 据金融监管总局官网信息，保德信资管于2024年10月17日获准筹建。该公司的筹建批复消息，由金融监管总局局长李云 泽在2024北京金融街论坛年会上宣布，彼时即受到关注。如今，保德信资管正式宣布获得开业批复。 由此，保德信资管正式成为继安联保险资管之后我国第二家外资独资保险资管公司，也是《保险资产管理公司管理规 定》发布后成立的首家外资保险 ...

A month has gone by since the last earnings report for Prudential (PRU) . Shares have added about 5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Prudential due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.Prudential Financial Q2 Earnings Beat Estimates, Revenues D ...

Key Takeaways Prudential broadened the EssentialTerm Suite with coverage starting at $0.25 million and higher.EssentialTerm Value and Plus offer affordable term protection with conversion flexibility.Options include term lengths up to 30 years, riders, and conversion credits for permanence.Prudential Financial, Inc. (PRU) , a leading global financial services provider, has broadened its EssentialTerm Suite, now extending coverage options of $0.25 million and higher. The expansion aims to deliver greater fle ...

Core Viewpoint - Prudential Financial, Inc. (PRU) is currently experiencing a short-term bullish trend as it trades above its 50-day simple moving average (SMA), which is a key indicator for identifying support and resistance levels [1] Price Performance - Year-to-date, Prudential Financial shares have declined by 8%, underperforming the Finance sector and the Zacks S&P 500 Composite, which grew by 12.5% and 9.8% respectively [2] - The company's market capitalization stands at $38.4 billion, with an average trading volume of 1.6 million shares over the last three months [2] Valuation Metrics - Prudential Financial shares are trading at a price-to-forward 12-month earnings ratio of 7.58X, which is lower than the industry average of 9.15X, indicating that the shares are affordable compared to peers [4] Earnings Projections - The Zacks Consensus Estimate for Prudential Financial's 2025 earnings per share indicates an 8.1% year-over-year increase, with revenue estimates at $55.73 billion [6] - For 2026, earnings per share and revenues are projected to rise by 8.5% and 4.2% respectively from the 2025 estimates [9] Analyst Sentiment - The Zacks Consensus Estimate for 2025 earnings has increased by 1.4% in the past 30 days, while the estimate for 2026 has risen by 0.5% during the same period [10] Growth Drivers - Key growth drivers for Prudential include strong asset-based operations, gains in Group Insurance, and an expanding international presence, particularly in Japan, Brazil, and Malaysia [8][14] - The company ranks among the top five U.S. individual life insurers, supported by recurring premium growth and an expanded product mix [17] Financial Strategy - Prudential Financial is focused on enhancing shareholder value through consistent capital returns, having raised its dividend five times in the past five years, reflecting a 4.27% growth in payouts [19] - A $1 billion share buyback program was approved in December 2024, with $500 million remaining under authorization [19] Financial Challenges - The company faces challenges from prolonged low interest rates, rising expenses, and weaknesses in its group disability business, which pressure margin expansion [20] - As of June 30, 2025, total debt reached $20.9 billion, a 4% increase from the end of 2024, leading to a debt-to-equity ratio of 39.32%, higher than the industry average [22]

While reported earnings so far in 2025 have been impacted by mark-to-market losses, on an adjusted basis, the company is seeingI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha ...

Core Viewpoint - The article discusses the development of pension risk management in Europe and the United States, aiming to provide insights for the development of the second and third pillars of pension insurance in China [2]. Group 1: Pension Risk Transfer (PRT) Overview - PRT is a financial arrangement where companies transfer the payment responsibilities of defined benefit (DB) pension plans to insurance companies, aiming to reduce risks such as longevity risk, investment risk, and interest rate risk [4][5]. - The emergence of the PRT market in Europe and the U.S. is driven by multiple factors, including aging populations, accounting standards requiring market value measurement of pension liabilities, and the complexity of pension asset-liability management [5][6]. Group 2: Historical Development Stages - Initial Stage (Pre-1980s): Pension plans evolved from informal commitments to structured DB plans, with companies facing increasing financial pressure due to aging populations and investment volatility [8]. - Emergence Stage (1980-2000): The introduction of regulatory frameworks like ERISA in the U.S. and the establishment of PBGC laid the groundwork for PRT transactions, with early examples like General Motors' group annuity transaction [9][10]. - Growth Stage (2000-2015): The PRT market saw accelerated development due to advancements in actuarial technology and regulatory support, with significant transactions such as General Motors transferring $25 billion in pension liabilities [14][15]. - Boom Stage (2015-2025): The U.S. and U.K. markets experienced explosive growth in PRT transactions, with notable deals like AT&T's $31 billion transaction in 2022, pushing annual PRT transaction volumes to new highs [16][17]. Group 3: PRT Mechanisms - Buy-in: Companies purchase annuity contracts from insurers to cover pension liabilities while retaining legal responsibility on their balance sheets [22]. - Buy-out: Companies transfer pension liabilities to insurers, removing these liabilities from their balance sheets entirely [22]. - Longevity Swap: A financial agreement that transfers longevity risk from pension plans to insurers, which can further transfer this risk to reinsurers [22][23]. Group 4: Role of Insurance Companies - Insurance companies play a crucial role in the PRT process by taking on pension liabilities and managing longevity risk through various financial instruments, thus transforming their role from asset managers to long-term liability bearers [26][28]. - The development of a multi-layered risk transfer structure involving insurers and reinsurers enhances the capacity for managing longevity risk and supports the evolution of pension systems [28]. Group 5: Challenges in China - China's pension system primarily relies on defined contribution (DC) plans, lacking the historical context of DB plans that facilitate risk transfer, leading to a deficiency in systematic longevity risk management capabilities [30][31]. - The absence of a robust regulatory framework specifically addressing pension liabilities and longevity risk hampers the development of a comprehensive risk management system in China's insurance industry [30]. Group 6: Recommendations for Development - To establish a pension risk transfer mechanism in China, it is suggested to leverage the third pillar of the pension system, focusing on transforming individual accounts into lifetime annuity products [36][38]. - The creation of a national pension reinsurance platform is recommended to facilitate risk sharing and enhance the capacity of insurance companies to provide long-term guarantees [38].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 001-16707 Prudential Financial, Inc. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of In ...

Core Insights - Prudential Financial, Inc. (PRU) reported second-quarter 2025 adjusted operating income of $3.58 per share, exceeding the Zacks Consensus Estimate by 11.5% and reflecting a year-over-year increase of 5.6% [1][9] - Total revenues for the quarter were $13.5 billion, slightly above the Zacks Consensus Estimate by 0.2%, but down 2.4% year over year due to lower premiums [2][9] - Total benefits and expenses were $11.8 billion, a decrease of 3.6% year over year and below the estimate of $12 billion [2][9] Quarterly Segment Update - Prudential Global Investment Management (PGIM) reported adjusted operating income of $229 million, an increase of 11.2% year over year, though it fell short of the Zacks Consensus Estimate of $240 million [3] - PGIM's assets under management rose to $1.441 trillion, an 8% increase year over year, driven by fixed income and equity market appreciation, net inflows, and strong investment performance [4] - The U.S. Businesses segment delivered adjusted operating income of $955 million, down 6.6% year over year, impacted by an unfavorable annual assumption update [4] - International Businesses' adjusted operating income improved 8.4% year over year to $761 million, benefiting from a favorable annual assumption update [5] - Corporate and Other reported an adjusted operating loss of $280 million, an improvement from a loss of $371 million a year ago, and better than the consensus estimate of a loss of $451 million [6] Capital Deployment - Prudential Financial returned $735 million to shareholders through share repurchases of $250 million and dividends of $485 million in the second quarter [7] Financial Update - As of the end of the second quarter, cash and cash equivalents stood at $16.1 billion, a decrease of 13.2% from the end of 2024 [8] - Total debt increased by 4% from the end of 2024, reaching $20.9 billion [8] - Adjusted book value per common share increased by 10.9% year over year to $85.98, with an operating return on average equity of 14.9%, up 140 basis points year over year [10]

Group 1 - Prudential Financial's shares have declined by 19% over the past year due to challenges in building up its capital base through reinsurance contracts and other offerings [1] - The company's near-term earnings have been affected as it works on strengthening its capital position [1]