{"id":935003,"date":"2026-02-06T14:42:07","date_gmt":"2026-02-06T19:42:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/am-best-affirms-credit-ratings-of-prudential-financial-inc-and-its-life-health-subsidiaries\/"},"modified":"2026-02-06T14:42:07","modified_gmt":"2026-02-06T19:42:07","slug":"am-best-affirms-credit-ratings-of-prudential-financial-inc-and-its-life-health-subsidiaries","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/am-best-affirms-credit-ratings-of-prudential-financial-inc-and-its-life-health-subsidiaries\/","title":{"rendered":"AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life\/Health Subsidiaries"},"content":{"rendered":"

<\/p>\n

AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life\/Health Subsidiaries<\/b><\/p>\n

OLDWICK, N.J.–(BUSINESS WIRE<\/a>)–AM Best <\/b>has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of \u201caa-\u201d (Superior) of the life\/health insurance subsidiaries of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU], collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of \u201ca-\u201d (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group. The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.)<\/p>\n

\nThe ratings reflect Prudential\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, very favorable business profile and very strong enterprise risk management.<\/p>\n

\nPrudential\u2019s very strong balance sheet assessment is supported by its very strong Best\u2019s Capital Adequacy Ratio (BCAR) assessment, which is reflective of the group\u2019s efforts balance sheet over the past few years. The group\u2019s investments supporting its insurance liabilities are of the highest quality with moderate exposure to below investment grade bonds, mortgage loans and structured securities. The insurance entities leverage the expertise of PFI\u2019s global asset manager, PGIM. Furthermore, Prudential\u2019s access to capital markets and additional financial flexibility through PFI adds to its balance sheet strength. The organization exhibits strong liquidity measures and more-than-adequate cash and short-term security holdings as of PFI\u2019s last reported quarter ending Sept. 30, 2025. One of Prudential\u2019s offsetting balance sheet strength attributes is the reliance on internal captives. Internal reinsurance allows the group to manage its capital more efficiently and more effectively on an economic basis and enables an aggregation and transfer of risk; however, AM Best notes that this partially reduces the overall quality of the group\u2019s capital.<\/p>\n

\nPrudential offers a very wide range of products in the life\/annuity product space that is complemented by the asset management services offered by PGIM. AM Best recognizes its leading market positions in the pension risk transfer business, institutional stable value, indexed universal life and variable universal life protection and accumulation products. Strong sales have supported the group\u2019s operating performance, which is driven by its diversified business lines of both insurance from its individual and group segments and non-insurance asset management services. Furthermore, AM Best recognizes Prudential\u2019s stable net investment income growth over the past five years.<\/p>\n

\nThe FSR of A+ (Superior) and the Long-Term ICRs of \u201caa-\u201d (Superior) have been affirmed with stable outlooks for the following subsidiaries of Prudential Financial, Inc.:<\/p>\n