5 Biggest Life Insurance Companies in the US

3. Prudential Financial, Inc. (NYSE:PRU)

Market Capitalization as of November 30, 2022: $39.66 billion

Prudential Financial, Inc. (NYSE:PRU) is a diversified American financial services firm that offers insurance, investment management, and other financial products. The firm is headquartered in Newark, New Jersey, the United States.

Prudential Financial, Inc. (NYSE:PRU) is one of the largest financial firms in the world, since it has a whopping $1.7 trillion of assets under management. The firm’s return on equity is also a strong 14.3%, and it pays a $1.2 dividend for a 4.56% yield. Prudential Financial, Inc. (NYSE:PRU)’s five year annual dividend growth sits at 10%.

By the end of this year’s third quarter, 22 out of the 920 hedge funds polled by Insider Monkey had invested in Prudential Financial, Inc. (NYSE:PRU).

Out of these, Cliff Asness’ AQR Capital Management is Prudential Financial, Inc. (NYSE:PRU)’s largest investor through a $23 million stake that comes via 277,351 shares.