Pruco Life Insurance Company
www.prudential.com
- A+ (Superior) rating with A.M.
Best
- A wholly owned subsidiary of The
Prudential Insurance Company of
America
- Headquartered in Newark, NJ
- Established in 1971
- Over $22 billion in admitted
assets as of 12/31/08*
Company Information
Pruco Life Insurance Company
Phoenix, AZ | NAIC #79227
Pruco Life Insurance Company commenced
business in 1971. Pruco Life is a wholly
owned subsidiary of The Prudential
Insurance Company of America. In
December 2001, Prudential converted from
a mutual to a stock company, and became
an indirect, wholly owned subsidiary of
Prudential Financial, Inc. (PFI). Pruco
Life Insurance Company is licensed in 49
states, the District of Columbia, Guam
and Taiwan. Pruco Life is not licensed
in New York.
PFI owns one of the largest life
insurance enterprises in the United
States and is one of the largest
financial institutions in the world,
with approximately $530 billion in total
assets as of 6/30/09 on a US GAAP
accounting basis. Prudential has an
extensive history of over 130-year
history and, along with its subsidiaries
and affiliates provides insurance and
financial services in the United States,
Asia, Europe and Latin America.
Corporate headquarters are located at
213 Washington Street, Newark, NJ 07102.
Pruco Life Insurance Company of New
Jersey
Newark, NJ | NAIC #97195
Pruco Life Insurance Company of New
Jersey (Pruco NJ) commenced business in
1982, and is a wholly owned subsidiary
of Pruco Life Insurance Company, which
in turn is wholly owned by The
Prudential Insurance Company of America.
In December 2001, Prudential converted
from a mutual to a stock company, and
became an indirect, wholly owned
subsidiary of Prudential Financial, Inc.
(PFI). Pruco NJ is licensed in New
Jersey and New York. Corporate
headquarters are located at 213
Washington Street, Newark, NJ 07102.
Pruco Life Insurance Company is a
certified member of the Insurance
Marketplace Standards Association (IMSA).
Membership promotes ethical market
conduct for individual life insurance
and annuities.
Independent Ratings
A.M. Best Company, an insurance-rating
and information agency, has assigned the
following financial strength ratings:
| Pruco
Life Insurance Company |
A+
(Superior) |
2nd
highest of 16 ratings |
| Pruco
Life Insurance Company of New
Jersey |
A+
(Superior) |
2nd
highest of 16 ratings
|
Ratings are current as of 10/30/2009.
Ratings are subject to change.
The Prudential Insurance Company of
America, Pruco Life Insurance Company,
and Pruco Life Insurance Company of New
Jersey are solely responsible for their
own financial condition and contractual
obligations.
Assets
Pruco Life Insurance Company had total
admitted assets as of 12/31/08 of
approximately $22 billion. Pruco Life
Insurance Company of New Jersey had
total admitted assets as of 12/31/08 of
approximately $3.6 billion.
* Admitted assets represent assets as
reported to insurance regulators based
on statutory accounting principles.
|
