Prudential Continues Strong ‘Product Pivot Strategy’ In Healthy 1Q
May 11, 2021 by John Hilton
Strong sales of its buffered annuity, FlexGuard, helped Prudential continue its first-quarter shift away from interest rate-sensitive products and underpinned its strong financial showing.
Total first-quarter revenues of $14.2 billion were up 11% over 1Q 2020 due to higher premiums, policy charges and fee income, net investment income, asset management fees, commissions as well as other income.
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Originally Posted at InsuranceNewsNet on May 6, 2021 by John Hilton.
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