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    • Prudential CEO mulls shrinking ‘low growth’ businesses

    February 10, 2021 by N/A

    NEW YORK: Prudential Financial Inc, which has already halted sales of some variable annuities, said that it will also consider scaling back its individual life insurance and other “market sensitive, low growth” businesses.

    “Life will be one of the businesses we look at in addition to annuities but not the only one, ” said chief executive officer Charles Lowrey in a call with analysts to discuss the New Jersey insurer’s fourth-quarter results.

    Click HERE to read the full story via The Star

    Originally Posted at The Star on February 8, 2021 by N/A.

    Categories: Industry Articles
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