X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEWARK, N.J. (AP) — Prudential Financial Inc. said Wednesday that its net income jumped nearly threefold in the second quarter, as the life insurer recorded a one-time gain of nearly $2 billion as a stronger Japanese yen drove up the value of the company’s derivatives.

Peter Westerman

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.