OREANDA-NEWS. August 08, 2014. Financial Services Businesses Second Quarter Highlights
            
Pre-tax adjusted operating income of USD1.623 billion, up USD 106 million or 7% from the year-ago quarter with increases from each operating division.
            
Individual Annuities account values USD 159.5 billion at June 30, up 13% from a year earlier; gross sales for the quarter of USD 2.7 billion, net sales USD 443 million.
            
Retirement account values USD 330.5 billion at June 30, up 10% from a year earlier; gross deposits and sales for the quarter of \\$6.6 billion; net withdrawals USD 4.1 billion.
            
Asset Management institutional and retail net flows, excluding money market, total USD 3.4 billion; institutional and retail assets under management USD 547.1 billion at June 30, up 16% from a year earlier; total segment assets under management USD 921.5 billion at June 30, up 12% from a year earlier.
            
Annualized new business premiums for quarter, USD 103 million for U.S. Individual Life, USD 22 million for Group Insurance.
            
International Insurance constant dollar basis annualized new business premiums of USD 769 million.
            
Significant items included in current quarter adjusted operating income:
            
Pre-tax net charge of USD 4 million in Individual Annuities, including strengthening of reserves for guaranteed death and income benefits and adjustment of amortization of deferred policy acquisition and other costs reflecting market performance.
            
Pre-tax charge of USD 8 million in Individual Life for integration costs relating to the acquisition of The Hartford’s individual life insurance business.
            
Net income of Financial Services Businesses attributable to Prudential Financial, Inc. for second quarter 2014 of USD 1.049 billion, or USD 2.22 per Common share.