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:
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Pruco Life Insurance Company |
A+ (Superior) |
2nd highest of 16 ratings |
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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.
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