Prudential Financial growth at odds with Sifi repeal

US insurance giant Prudential Financial was freed from its ‘too-big-to-fail’ tag on October 17, though public data offers scant justification for regulators’ change of heart.

On the contrary, Prudential has grown in size and increased its counterparty exposures since it was first branded a non-bank systemically important financial institution (Sifi) in mid-2013.

At end-2017, the insurer had $832 billion in total consolidated assets, up 17% from end-2012. Separate account liabilities – from

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: