Friday, August 07, 2009

 

Prudential Financial Q2 2009 Earnings Transcript

"...Our individual annuities business posted record variable annuity sales in the quarter, DA sales were up 23% from the prior year and net variable annuity sales topped 2 billion, more than thee times our previous record. US individual life insurance also registered favorable sales result a year-over-year increase of 17%. Importantly our sales through third party distribution increased by 35% and now represents roughly 75% of total sales of the business..."

Seeking Alpha: Prudential Financial Q2 2009 Earnings Transcript

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