Prudential Financial: A Close Look At Its Life Insurance Business Strategy & Other Major Drivers! 

Prudential has reported its recent quarterly earnings with a mixed set of results and strategic directions. The company’s CEO, Andrew Sullivan, has highlighted both the opportunities and challenges that Prudential faces as it focuses on growth and value creation for stakeholders. The company has been actively engaging in derisking and diversifying its portfolio to reduce exposure to volatile and market-sensitive products. This has included reducing its exposure to variable annuities and guaranteed universal life products by nearly 60%, which is expected to optimize the balance sheet and improve cash flow.