The Prudential Insurance Company of America is one of the leading providers of group insurance in the United States. Our resources, financial strength and stability allow us to honor long-term commitments to employers and employees alike.

 

Prudential Financial companies, with $616 billion in assets under management as of December 31, 2006, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance; mutual funds; annuities; pension- and retirement-related services and administration; asset management; banking and trust services; real estate brokerage franchises; relocation services; and, through a joint venture, retail brokerage services.

 

We conduct our principal businesses through three divisions: the Insurance Division, the Investment Division, and the International Insurance and Investments Division.

 

The Insurance Division consists of the following segments:

The Group Insurance segment manufactures and distributes a full range of group products—Life Insurance, Short Term and Long Term Disability Insurance, Long Term Care Insurance, and Corporate and Trust-Owned Life Insurance—in the United States to institutional clients, primarily for use in connection with employee and membership benefits plans. Group Insurance also sells Accidental Death and Dismemberment and other ancillary coverages and provides plan administrative services in connection with its insurance coverages.

 

Prudential Financial, through its subsidiaries, is one of the leading providers of Group Insurance in the United States. Our resources, financial strength, and stability allow us to honor long-term commitments to employers and employees alike.

 

The employee benefits industry is more dynamic than ever given the various economic, demographic, social, legal/regulatory, and competitive forces at work. As plan sponsors look ahead and consider the role of benefits within their organizations, more significant change is likely in store.

 

Benefits will continue to be a critical tool for attracting and retaining talent but the range of benefits offered, how they are funded, and the ways in which they are communicated and delivered will evolve as the composition of the work force experiences even greater change.