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Prudential Financial has disclosed a hacker gained unauthorized access to its systems earlier this month. In a Feb. 13 filing with the U.S. Securities and Exchange Commission, Prudential said that on ...
The coronavirus pandemic dealt a relatively modest $2.5 billion blow to five insurers with large U.S. operations in the second quarter - a cost that was far less than feared and which the industry ...
U.S. insurer Prudential Financial Inc has agreed to acquire online insurance startup Assurance IQ Inc for $2.35 billion, as it looks to tap into a wider base of consumers who purchase policies ...
Prudential Financial Inc. is laying the groundwork to escape the government's label that it's too big to fail, a move that would dramatically reduce federal oversight of the largest U.S. life ...
The Hartford said it will transfer $1.6 billion of its pension liabilities to Prudential Financial, affecting current and future benefits for about 16,000 former employees. Plans call for having the ...
American International Group Inc. and Prudential Financial Inc.'s new capital rules should reflect the insurance business's differences from Wall Street banking, the Federal Reserve said in a ...
MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would've put America's biggest life insurer under tougher government scrutiny and forced it to put more money in reserves. A ...
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and ...
The U.S. Federal Reserve has hired a former state insurance commissioner to help it oversee non-bank financial firms that a council of regulators identified for tougher scrutiny last year. Thomas ...
Prudential Financial Inc., the No. 2 U.S. life insurer, is contesting a U.S. finding that it poses a potential risk to the financial system, becoming the first company to challenge the label that ...
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