AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries

May 8, 2026 - 19:48

OLDWICK, N.J., May 08, 2026 -- AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of "aa-" (Superior) for the life and health insurance subsidiaries of Prudential Financial, Inc., which are collectively referred to as Prudential. The company is headquartered in Newark, New Jersey.

At the same time, AM Best affirmed the Long-Term Issuer Credit Rating of "a-" (Excellent) for Prudential Financial, Inc. itself. The ratings agency also affirmed all Long-Term and Short-Term Issue Credit Ratings for the group.

The ratings reflect Prudential's strong balance sheet, its solid operating performance, and its well-established business profile within the life insurance and asset management sectors. AM Best noted that the company maintains a very strong level of risk-adjusted capitalization and continues to benefit from a diversified product mix and a broad distribution network.

Analysts pointed to Prudential's consistent earnings generation, particularly from its retirement and asset management segments, as a key factor supporting the ratings. The affirmation also considers the company's strong brand recognition and its position as a major player in the U.S. and international insurance markets.

AM Best stated that the outlook for the ratings is stable. This indicates that the agency does not expect any significant changes to Prudential's credit fundamentals in the near term, barring any major shifts in the company's risk profile or financial performance.