Prudential Shrugs Off Omicron Losses To Post Strong 4Q Earnings

February 8, 2022 by John Hilton

Prudential Financial reported finhttps://insurancenewsnet.com/innarticle/prudential-shrugs-off-omicron-losses-to-post-strong-4q-earningsancial losses from the flare-up of the Omicron variant throughout the fall 2021.

The insurer’s group insurance business reported a loss of $205 million in the fourth quarter, compared to an $87 million loss in the 2020 fourth quarter.

“We have a high concentration of large retail and healthcare employer accounts,” explained Andy Sullivan, executive vice president and head of U.S. Businesses. 

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Originally Posted at InsuranceNewsNet on February 4, 2022 by John Hilton.