Biggest Insurance Company in The USA

Biggest insurance company in the usa is PRUDENTIAL FINANCIAL CORPORATION (NYSE: PFC) and is the holding company for Prudential Insurance Company. Prudential Financial, with more than $18 billion in revenue and assets, provides a broad portfolio of financial protection products and services to over 3 million customers through its three segmented subsidiaries. Prudential maintains two underwriting companies — Liberty Mutual and Zurich Insurance Companies — as well as an investment management business, which manages approximately $59 billion in equity investments. Prudential ranks by total market capitalization, which includes both public and private companies, and it ranks by revenues, which includes both domestic and international operations. The Prudential Financial logo is seen at the headquarters of Prudential Insurance Company on May 31, 2019 in Miami, Florida.

⚫ Prudential Financial Corporation (PFC) Summary:

Prudential Financial Corporation (the "Company") makes available customized insurance plans and anuities to businesses and individuals. As part of our fiduciary duty to provide essential insurance to individuals and families we must make certain that they have access to cover when life or health emergencies occur. We can help protect them if something happens to you.

We are proud to serve more than 1 million people each day on our five thousand+ agents and our four hundred thousand associates. It's important that we make sure those who depend on us have access to affordable, high performing insurance in times of need.

As one of the nation's leading providers of retirement benefits, we're a great place to work, a valuable contributor to our local community, and a strong steward of our environment. When you join us, you not only get the tools you need to live your financial best but also the support to do so. Learn how we're helping people plan for what matters to them. Learn about our history, current challenges and initiatives that will strengthen the future of the financial services industry.

⚫ Safe Your Future by Prudential Financial:

At Prudential, we know money doesn't buy happiness, so we'll never force you to take out a loan to afford medical care or other necessities. But sometimes you just can't stop worrying about how much money you'll owe once you retire.

At Prudential, we're committed to making smart choices about how we invest and manage our wealth. We choose to allocate 80% of our wealth in cash, 20% in fixed income, 10% in stocks and other securities of the underlying companies in which we invest, and 5% in a special fund for long-term capital appreciation and returns. That means giving up some of our money along the journey to make sure we don't forget about it either, but also ensuring that we have enough cash to pay ourselves taxes and give freely to family and friends.

On average, we hold more than eight percent of all the stock in Fortune 500 companies, five percent of all large bank loans and three percent of all federal student loans. And we actively monitor our portfolio, regularly evaluating policy changes and new opportunities to improve our existing offerings and products. And we make sure we have the flexibility to deploy capital to meet changing financial needs, including through acquisitions. When the time comes, we set aside a portion of our net investment income for general corporate purposes, including paying down debt. On top of these general personal purposes, we employ a dedicated staff to focus primarily on commercial lines financial products. Our small business focus gives us unique insights into the individual needs of small businesses, and our commercial lines expertise helps us create comprehensive, tailored solutions designed to fit each client's particular business needs. When you enroll in an auto insurance plan with Prudential Insurance, we provide peace of mind in case you're unable to drive because of an accident. When you sign up for Life Insurance, we protect you and your family. And we want to be there when someone else has to go through the same thing that happened to you. Even if you aren't insured yet, we'll reach out to you in the event of an emergency. You have many options for ways you can pay for what you need. If you've ever had to use a credit card to purchase a prescription drug without making extra arrangements with a pharmacist or doctor's office, we make the necessary arrangements for you. Or if you need emergency coverage in the event of a covered disaster, such as a hurricane, flood, wind storm, earthquake or tornado, our catastrophe workers can provide assistance. In the midst of a pandemic, people may wonder, "What kind of plan would I use for my loved ones who don't live with me?" They should have confidence that the coverage they need is included in their policies.

⚫ The Details of Prudential Financial:

Founded in 1854, Prudential is headquartered in Boston. Prudential has grown to operate in 34 locations across Massachusetts, New York, Rhode Island and Connecticut. Prudential offers a wide range of financial protection products and services, including online shopping, travel insurance coverage and property/casualty liability coverage, which are accessible at home and through our mobile app. For more information, visit www.prudential.com