5 Largest Insurance Companies in the US by Assets in 2024

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

Total Assets: $721 billion

Prudential Financial, Inc. (NYSE:PRU) provides disability, life, and other insurance products. It is headquartered in Newark, New Jersey. It scored a win in March 2024 after landing a deal to fund $5.9 billion in pension plans for telecommunications giant Verizon.

Insider Monkey’s December quarter of 2024 survey covering 933 hedge funds revealed that 32 had held a stake in Prudential Financial, Inc. (NYSE:PRU). Cliff Asness’s AQR Capital Management owned the biggest stake which was worth $42.6 million.

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