SPY390.56+10.20 2.68%
DIA316.71+7.26 2.35%
IXIC13,590.80+398.45 3.02%

BRIEF-Prudential says mulling "market sensitive, low growth units" to shrink, including life insurance

· 02/05/2021 12:03
BRIEF-Prudential says mulling "market sensitive, low growth units" to shrink, including life insurance

- Prudential Financial Inc Ceo Charles Lowrey Says Is Encouraged By Potential Of Johnson & Johnson PRU.N:

  • EXECUTIVE SAYS INSURER IS LOOKING BEYOND SHRINKING ITS ANNUITIES BUSINESS TO CONSIDER ALL "MARKET SENSITIVE LOW GROWTH BUSINESSES" INCLUDING LIFE INSURANCE -CONF CALL

  • PRUDENTIAL FINANCIAL INC EXEC SAYS IS LOOKING FOR M&A OPPORTUNITIES FOR PGIM UNIT IN NEW PRODUCTS, INVESTMENT STRATEGY CAPABILITIES - CONF CALL

  • COVID VACCINE BECAUSE OF SINGLE SHOT, NO COLD STORAGE-CONF CALL

  • PRUDENTIAL FINANCIAL INC CEO SAYS OF J&J VACCINE, "WE THINK THAT COULD HAVE A LARGE EFFECT ON THE ABILITY OF THIS COUNTRY TO TO GET VACCINATIONS" - CONF CALL

  • PRUDENTIAL FINANCIAL INC CEO SAYS EXPECTS A "MATERIAL CHANGE" DURING THE NEXT THREE TO SIX MONTHS IN THE ABILITY TO VACCINATE PEOPLE - CONF CALL

Source text for Eikon: [ID:]

Further company coverage: PRU.N


(Reporting by Suzanne Barlyn)

((Suzanne.Barlyn@thomsonreuters.com;))