Prudential Financial is a holding company. Co. provides products and services such as life insurance, annuities, retirement-related services, mutual funds and investment management services through its subsidiaries or affiliates. Co.'s Financial Services Businesses include its U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance divisions. The Closed Block Business includes in force participating insurance and annuity products and assets that are used for the payment of benefits and policyholders' dividends on these products. As of Dec 31 2012, Co. had approx. $1,060.000 trillion of assets under management.
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