AM Best has affirmed Prudential Financial, Inc.'s (PFI) Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) for its life/health insurance subsidiaries, with a stable outlook. This decision reflects Prudential’s very strong balance sheet, strong operating performance, favorable business profile, and very strong enterprise risk management. The company’s diverse product offerings, leading market positions, and solid investment income growth were also key factors in maintaining these superior ratings.
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AM Best keeps Prudential at A+ ‘Superior’ with stable outlook
AM Best has affirmed Prudential Financial, Inc.'s (PFI) Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) for its life/health insurance subsidiaries, with a stable outlook. This decision reflects Prudential’s very strong balance sheet, strong operating performance, favorable business profile, and very strong enterprise risk management. The company’s diverse product offerings, leading market positions, and solid investment income growth were also key factors in maintaining these superior ratings.