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Baby Boomers & New Products Drive Prudential To $54


Prudential Financial headquartered in Newark, New Jersey, is a global financial services leader providing a wide array of financial products and services including life insurance, annuities, retirement-related services, mutual funds, investment management and real estate services to individual and institutional customers. The company has operations in the United States, Asia, Europe and Latin ...


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Buys, holds, and hopes full bio → Opinions expressed by Forbes Contributors are their own. Great Speculations’ RSS Feed Great Speculations’ Profile Recent Posts Popular Posts Full Bio Great Speculations' contributor page is devoted to investing ideas that will help make you wiser and richerMost articles will contain actionable advice. Loading... Loading... Comments called-out Comment Now Follow Comments Following Comments Unfollow Comments Investing 9/26/2011 @ 12:17PM 3,009 views Baby Boomers & New Products Drive Prudential To $54 Trefis Team , Contributor Comment Now Follow Comments Following Comments Unfollow Comments Image by Christina Welsh (Rin) via Flickr Prudential Financial headquartered in Newark, New Jersey, is a global financial services leader providing a wide array of financial products and services including life insurance, annuities, retirement-related services, mutual funds, investment management and real estate services to individual and institutional customersThe company has operations in the United States, Asia, Europe and Latin America and is seeking opportunities for expansion in high-growth markets such as China and IndiaPrudential recently acquired AIG Star Life Insurance and AIG Edison Life Insurance to boost its presence in JapanThe company has about $883 billion of assets under management as of June 30, 2010, and its major competitors include MetLife, AIG and Hartford Financial We currently have a price estimate of about $54 on Prudential’s stock, which is nearly 23% above the current market price Prudential’s Major Revenue Drivers We have broken down Prudential into 6 different divisions which drive Prudential’s revenues U.SRetirement Solutions and Investment Management – Prudential derives almost a third of its value from this division, which provides retirement investment and income products and services to retirement plan sponsors along with fixed and variable annuities to the U.Smass affluent market International Insurance and Investments – International Insurance segment provides individual life insurance, retirement and related products to the mass affluent and affluent markets in Japan, Korea and other countries outside the U.Sthrough Prudential’s Life Planner operations Asset Management – The Asset Management segment provides a broad array of investment management and advisory services by means of institutional portfolio management, mutual funds, asset securitization activity and other structured products, and proprietary investments Individual Life Insurance – The Individual Life Insurance segment offers individual variable life, term life and universal life insurance products primarily to the U.Smass middle, mass affluent and affluent markets Group Insurance – The Group Insurance segment offers a full range of group life, long-term and short-term group disability, long-term care, and group corporate-, bank- and trust-owned life insurance in the U.S Legacy Mutual Insurance – Prudential Financial was a mutual life insurance company owned by its policy holders before it converted to a stock life insurance company on December 18, 2001This division represents assets from participating individual life insurance and annuity products, through which policyholders are eligible to receive policyholder dividendsAs Prudential is no longer a mutual insurance firm, these products are no longer offered Retiring Baby Boomers to Drive Growth for Prudential Page 1 / 2 Continue comments, called-out Comment Now Follow Comments Following Comments Unfollow Comments Comment Now Follow Comments Following Comments Unfollow Comments function printArticle(url) { params = 'width='+screen.width; params += ', height='+screen.height; params += ', top=0, left=0' params += ', fullscreen=yes, scrollbars = yes, resizable=yes'; slideWin = window.open(url, 'popup', params); if(window.focus) { slideWin.focus(); } return false; } Print

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