Prudential Financial

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    Private pensions are almost extinct in the U.S., but 1.4 million workers whose pensions were once in danger get paid today by Prudential. The insurer pioneered “pension risk transfers,” taking over and managing the funds of overstretched companies such as GM and Motorola. Those companies come away financially stronger, while retirees get paid what they’re owed—$5.2 billion in 2017.

    Company Information

    Impact SegmentEconomic Opportunity/Financial Inclusion
    SectorFinancials
    IndustryInsurance: Life & Health
    CEOJohn Strangfeld
    Websitewww.prudential.com
    Employees49,705
    Company TypePublic
    Revenues ($M) (Last Fiscal Year)$58,689
    Profits ($M) (Last Fiscal Year)$7,863
    Market Value ($M)$40,295