Prudential to exit emerging markets and shift $3B to core businesses
August 12, 2026 by John Hilton
Prudential Financial will narrow its global footprint, exit emerging markets and redirect more than $3 billion in capital toward retirement, asset management and U.S. insurance businesses.
The overhaul represents the latest sweeping strategy employed by CEO Andy Sullivan in his second year leading the venerable insurer. It is aimed at accelerating earnings growth and improving cash generation, he said Thursday during a conference call with Wall Street analysts.
Originally Posted at InsuranceNewsNet on Aug 7, 2026 by John Hilton.
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