Prudential Financial Inc. will buy the individual life insurance business of Hartford Financial Services Group Inc. for $615 million in cash, the companies said on Thursday. Prudential said the deal would add scale to its own individual life business, while …
Prudential Financial Inc. is close to a deal to acquire the individual life insurance business of Hartford Financial Services Group Inc, and a deal could be struck as soon as Thursday, the Wall Street Journal reported. The paper, citing a …
Prudential Financial will receive a 10-year state tax credit worth up to $210.8 million to support its plans to build a new office tower in downtown Newark, New Jersey.The Urban Transit Hub tax break was approved last Friday by the …
Prudential Financial Inc , the No.2 U.S. life insurer, has hired Bank of America Merrill Lynch to advise on its possible bid for ING Groep NV’s Asian insurance operations, South Korean media reported, in what is potentially Asia’s second-biggest insurance …
Only two life insurers — MetLife Inc.. and Prudential Financial Inc. — meet the newly developed requirements to be considered “systemic” and regulated as such, KBW analysts said Wednesday. The Financial Stability Oversight Council Tuesday proposed a three-stage test to …
American International Group, Inc. (AIG) reported it has closed the sale of its Japan-based life insurance subsidiaries, AIG Star Life Insurance Co. Ltd. and AIG Edison Life Insurance Co., to Prudential Financial Inc. for a total purchase price of $4.8 …
