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1870s. In the world: Thomas Edison invents the phonograph. 1875 Founding. Insurance agent John Fairfield Dryden establishes the Prudential Friendly Society, the first U.S. company to make life insurance affordable to working-class people.
A history of The Prudential Insurance Company of America up to about 1975 is the topic of the book Three Cents A Week, referring to the premium paid by early policyholders. At the turn of the 20th century, Prudential and other large insurers reaped the bulk of their profits from industrial life insurance, or insurance sold by solicitors house ...
- 40,916 (2021)
- US$70.934 billion (2021)
- 1875; 148 years ago, Newark, New Jersey, U.S.
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Serving our customers for over 175 years. On 30 May 1848, a group of gentlemen met in London to form the Prudential Mutual Assurance, Investment and Loan Association. The figure of Prudence was adopted as a symbol to be used on the first company seal, and represent the values of the business. In 1923 Prudential’s first overseas life operation ...
May 29, 2018 · Incorporated: 1875 as Widows and Orphans Friendly Society. Employees: 105,000. Assets: $163.97 billion. The Prudential Insurance Company of America is the largest insurance company in North America and one of the largest financial institutions in the world.
The Prudential in America. In America John Fairfield Dryden lost his father when a young boy. As a result of his experiences, he set up an insurance company at Newark, New Jersey, in 1875, based on the principles and name of the Prudential in London.
History of The Prudential Insurance Company of America. The Prudential Insurance Company of America is one of the largest diversified financial institutions in the world and, based on total assets, the largest insurance company in North America. Along with its primary business, insurance, the company also operates in securities, investments ...
Jul 21, 2023 · Prudential Financial was founded in 1875 as the Prudential Friendly Society by the insurance agent John Fairfield Dryden. Mutual CompanyIncorporated: 1875 as Widows and Orphans Friendly SocietyEmployees: 105,000Assets: $163.97 billion
