Exhibit 99.1

PRUDENTIAL FINANCIAL, INC.

2015

FINANCIAL OUTLOOK

CONFERENCE CALL PRESENTATION

DECEMBER 11, 2014

DELIVERING SUPERIOR VALUE

2

2015 Financial Outlook Conference Call

Financial

Strength

Strong Core

Businesses

Top-Tier

ROE

Superior Value

Proposition for

Customers,

Creditors, and

Investors

RETURN ON EQUITY

3

2015 Financial Outlook Conference Call

10.1%

10.2%

11.9%

11.8%

15.2%

16.2%

2009

2010

2011

2012

2013

YTD 9/30/14

2015

1)

ROE based on after-tax adjusted operating income (AOI) excluding market driven and discrete items as disclosed in company earnings releases; average attributed

equity excludes accumulated other comprehensive income (AOCI)  and the impact of foreign currency exchange rate remeasurement. 2009-2014 reflects results for

Financial Services Businesses; long-term objective for 2015 and thereafter represents Prudential Financial, Inc.

Long-term

ROE

objective of

13% to 14%

over cycle

Annualized

(1)

2015

Tailwinds

Greater financial flexibility

–

Business momentum driving solid

capital generation

–

Enhanced by Closed Block

restructuring

Headwinds

Assumed return to average

expectations of 2014 Tailwinds

Sustained low interest rate environment

Weaker Yen

Multi-year investment in technology,

systems and infrastructure

2014

Tailwinds

Equity markets

Strong general account non-coupon

investment income

Favorable mortality experience

Favorable case experience in

Retirement

Headwinds

Sustained low interest rate

environment

TAILWINDS AND HEADWINDS

4

2015 Financial Outlook Conference Call

2015 OUTLOOK

5

2015 Financial Outlook Conference Call

Key Assumptions & Considerations:

S&P 500 ends 2014 at

2,020 and grows 6% annually; ending 2015 at 2,144

U.S. Dollar @ 91 Yen and 1,120 Won

Interest rates based on averaging of forward yield curves

–

10 Year U.S. Treasury rises to 2.97% by end of 2015

Effective Tax Rate ~27%

Capital deployment supported by:

–

Increasing ratio of cash flow to adjusted operating income

–

Benefit of Closed Block restructuring

Year end 2015 leverage ratio within 25% target

$7.09

$7.51

$9.25

2015 EARNINGS GUIDANCE

6

2015 Financial Outlook Conference Call

2015

EPS

Guidance

(3)

$9.60 -

$10.10

2014

9 Months

Annualized

Capital

Deployment

Core

Growth

Market

Factors

1)

As disclosed in company earnings releases.

2)

Primarily general account non-coupon investment income above average expectations, favorable mortality and Retirement case experience.

3)

Excludes impact of market unlockings which would be regarded as "market driven and discrete items" and Hartford integration costs.

3Q 2014

YTD Results

After-Tax

AOI Basis

3Q 2014

YTD Baseline

Results

Run Rate

Adjustment

Items

(2)

Market Driven

and Discrete

Items

(1)

EQUITY MARKET AND INTEREST RATE SENSITIVITY OF EARNINGS

7

2015 Financial Outlook Conference Call

1)

Equity market impact represents the impact on results from assumed change in market value of equity investments underlying account values, and interest rate

impact represents the impact on results from assumed parallel shift of yield curve, in each case occurring at the beginning of the year and followed by the assumed

equity market appreciation and trajectory of interest rates as indicated under "2015 Outlook.”

AOI basis, excluding impact of market unlockings and potential

impact on returns from general account non-coupon investments. Impact on results may not be linear and may vary from indicated sensitivities at thresholds

greater than those indicated.

Equity Market

Impact

Interest Rate

Impact

+/-10%

+/-100 bps

Estimated Impact to Earnings Per Share

(1)

~$0.30

~$0.20

PRUDENTIAL FINANCIAL, INC. CAPITAL

8

2015 Financial Outlook Conference Call

1)

Based on targeted Risk Based Capital (RBC) ratio of 400% for Prudential Insurance and equivalent levels of capital at other insurance operating entities.

2)

For the purposes of calculating this ratio, PFI’s outstanding hybrid securities are considered 25% equity and 75% debt.  Excludes the impact on GAAP equity

from

foreign

currency

exchange

rate

remeasurement,

non-performance

risk

(net

of

deferred

policy

acquisition

costs),

and

AOCI.

3)

The

inclusion

of

RBC

measures

is

intended

solely

for

the

information

of

investors

and

is

not

intended

for

the

purpose

of

ranking

any

insurance

company

or

for

use

in

connection

with

any

marketing,

advertising

or

promotional

activities.

4)

Based on Japanese statutory accounting and risk measurement standards.

5)

Gibraltar Life consolidated basis.

KEY TAKEAWAYS

9

2015 Financial Outlook Conference Call

Business mix and solid fundamentals continue to produce

attractive financial profile

Solid EPS growth despite market and other headwinds

Top-tier ROE: long-term target of 13% to 14% over cycle

Greater financial flexibility resulting from:

–

Business momentum driving solid capital generation

–

Increasing ratio of cash flow to adjusted operating income

–

Closed Block restructuring

QUESTIONS AND

QUESTIONS AND

ANSWERS

ANSWERS

DECEMBER 11, 2014

DECEMBER 11, 2014

PRUDENTIAL FINANCIAL, INC.

2015

FINANCIAL OUTLOOK

CONFERENCE CALL PRESENTATION

FORWARD-LOOKING STATEMENTS

11

2015 Financial Outlook Conference Call

Certain

of

the

statements

included

in

this

presentation

constitute

forward-looking

statements

within

the

meaning

of

the

U.

S.

Private

Securities

Litigation

Reform

Act

of

1995.

Words

such

as

“expects,”

“believes,”

“anticipates,”

“includes,”

“plans,”

“assumes,”

“estimates,”

“projects,”

“intends,”

“should,”

“will,”

“shall”

or

variations

of

such

words

are

generally

part

of

forward-looking

statements.

Forward-looking

statements

are

made

based

on

management’s

current

expectations

and

beliefs

concerning

future

developments

and

their

potential

effects

upon

Prudential

Financial,

Inc.

and

its

subsidiaries.

There

can

be

no

assurance

that

future

developments

affecting

Prudential

Financial,

Inc.

and

its

subsidiaries

will

be

those

anticipated

by

management.

These

forward-looking

statements

are

not

a

guarantee

of

future

performance

and

involve

risks

and

uncertainties,

and

there

are

certain

important

factors

that

could

cause

actual

results

to

differ,

possibly

materially,

from

expectations

or

estimates

reflected

in

such

forward-looking

statements,

including,

among

others:

(1)

general

economic,

market

and

political

conditions,

including

the

performance

and

fluctuations

of

fixed

income,

equity,

real

estate

and

other

financial

markets;

(2)

the

availability

and

cost

of

additional

debt

or

equity

capital

or

external

financing

for

our

operations;

(3)

interest

rate

fluctuations

or

prolonged

periods

of

low

interest

rates;

(4)

the

degree

to

which

we

choose

not

to

hedge

risks,

or

the

potential

ineffectiveness

or

insufficiency

of

hedging

or

risk

management

strategies

we

do

implement;

(6)

reestimates

of

our

reserves

for

future

policy

benefits

and

claims;

(7)

differences

between

actual

experience

regarding

mortality,

longevity,

morbidity,

persistency,

utilization,

surrender

experience,

interest

rates

or

market

returns

and

the

assumptions

we

use

in

pricing

our

products,

establishing

liabilities

and

reserves

or

for

other

purposes;

(8)

changes

in

our

assumptions

related

to

deferred

policy

acquisition

costs,

value

of

business

acquired

or

goodwill;

(9)

changes

in

assumptions

for

our

pension

and

other

postretirement

benefit

plans;

(10)

changes

in

our

financial

strength

or

credit

ratings;

(11)

statutory

reserve

requirements

associated

with

term

and

universal

life

insurance

policies

under

Regulation

XXX

and

Guideline

AXXX;

(12)

investment

losses,

defaults

and

counterparty

non-

performance;

(13)

competition

in

our

product

lines

and

for

personnel;

(14)

difficulties

in

marketing

and

distributing

products

through

current

or

future

distribution

channels;

(15)

changes

in

tax

law;

(16)

economic,

political,

currency

and

other

risks

relating

to

our

international

operations;

(17)

fluctuations

in

foreign

currency

exchange

rates

and

foreign

securities

markets;

(18)

regulatory

or

legislative

changes,

including

the

Dodd-Frank

Wall

Street

Reform

and

Consumer

Protection

Act;

(19)

inability

to

protect

our

intellectual

property

rights

or

claims

of

infringement

of

the

intellectual

property

rights

of

others;

(20)

adverse

determinations

in

litigation

or

regulatory

matters

and

our

exposure

to

contingent

liabilities,

including

in

connection

with

our

divestiture

or

winding

down

of

businesses;

(21)

domestic

or

international

military

actions,

natural

or

man-made

disasters

including

terrorist

activities

or

pandemic

disease,

or

other

events

resulting

in

catastrophic

loss

of

life;

(22)

ineffectiveness

of

risk

management

policies

and

procedures

in

identifying,

monitoring

and

managing

risks;

(23)

effects

of

acquisitions,

divestitures

and

restructurings,

including

possible

difficulties

in

integrating

and

realizing

projected

results

of

acquisitions;

(24)

interruption

in

telecommunication,

information

technology

or

other

operational

systems

or

failure

to

maintain

the

security,

confidentiality

or

privacy

of

sensitive

data

on

such

systems;

(25)

changes

in

statutory

or

U.S.

GAAP

accounting

principles,

practices

or

policies;

(26)

Prudential

Financial,

Inc.’s

primary

reliance,

as

a

holding

company,

on

dividends

or

distributions

from

its

subsidiaries

to

meet

debt

payment

obligations

and

the

ability

of

the

subsidiaries

to

pay

such

dividends

or

distributions

in

light

of

our

ratings

objectives

and/or

applicable

regulatory

restrictions;

and

(27)

risks

due

to

the

lack

of

legal

separation

between

our

Closed

Block

and

our

other

businesses.

Prudential

Financial,

Inc.

does

not

intend,

and

is

under

no

obligation,

to

update

any

particular

forward-looking

statement

included

in

this

presentation.

See “Risk Factors”

included in Prudential Financial, Inc.’s Annual Report on Form 10-K for discussion of certain risks relating to our businesses and

investment in our securities.

Prudential Financial, Inc. of the United States is not affiliated with Prudential PLC which is headquartered in the United Kingdom.

NON–GAAP MEASURE

12

This

presentation

includes

references

to

“adjusted

operating

income.”

Adjusted

operating

income

is

a

non-GAAP

measure

of

our

performance.

Adjusted

operating

income

excludes

“Realized

investment

gains

(losses),

net,”

as

adjusted,

and

related

charges

and

adjustments.

A

significant

element

of

realized

investment

gains

and

losses

are

impairments

and

credit-related

and

interest

rate-related

gains

and

losses.

Impairments

and

losses

from

sales

of

credit-

impaired

securities,

the

timing

of

which

depends

largely

on

market

credit

cycles,

can

vary

considerably

across

periods.

The

timing

of

other

sales

that

would

result

in

gains

or

losses,

such

as

interest

rate-related

gains

or

losses,

is

largely

subject

to

our

discretion

and

influenced

by

market

opportunities

as

well

as

our

tax

and

capital

profile.

Realized

investment

gains

(losses)

within

certain

of

our

businesses

for

which

such

gains

(losses)

are

a

principal

source

of

earnings,

and

those

associated

with

terminating

hedges

of

foreign

currency

earnings

and

current

period

yield

adjustments

are

included

in

adjusted

operating

income.

Adjusted

operating

income

excludes

realized

investment

gains

and

losses

from

products

that

contain

embedded

derivatives,

and

from

associated

derivative

portfolios

that

are

part

of

a

hedging

program

related

to

the

risk

of

those

products.

Adjusted

operating

income

also

excludes

gains

and

losses

from

changes

in

value

of

certain

assets

and

liabilities

relating

to

foreign

currency

exchange

movements

that

have

been

economically

hedged

or

considered part of our capital funding strategies for our international subsidiaries, as well as gains and losses on certain investments that are classified

as

other

trading

account

assets.

Adjusted

operating

income

also

excludes

investment

gains

and

losses

on

trading

account

assets

supporting

insurance

liabilities

and

changes

in

experience-rated

contractholder

liabilities

due

to

asset

value

changes,

because

these

recorded

changes

in

asset

and

liability

values

are

expected

to

ultimately

accrue

to

contractholders.

Trends

in

the

underlying

profitability

of

our

businesses

can

be

more

clearly

identified

without

the

fluctuating

effects

of

these

transactions.

In

addition,

adjusted

operating

income

excludes

the

results

of

divested

businesses,

which

are

not

relevant

to

our

ongoing

operations.

Discontinued

operations,

which

are

presented

as

a

separate

component

of

net

income

under

GAAP,

are

also

excluded

from

adjusted

operating

income.

For

periods

prior

to

the

first

quarter

of

2015,

adjusted

operating

income

has

been

reported

for

our

Financial

Services

Businesses,

and

accordingly,

does

not

include

the

results

of

the

Closed

Block

Business.

Following

the

closing

of

the

Class

B

Stock

Repurchase

described

in

the

Company’s

Current

Report

on

Form

8-K

dated

December

2,

2014,

and

the

resulting

elimination

of

the

distinction

between

the

Financial

Services

Businesses

and

the

Closed

Block

Business,

the

Closed

Block

will

be

reported

as

a

separate

segment

and

treated

as

a

divested

business,

and

as

such

its

results

will

be

excluded

from

adjusted

operating

income.

We

believe

that

the

presentation

of

adjusted

operating

income

as

we

measure

it

for

management

purposes

enhances

the

understanding

of

our

results

of

operations

by

highlighting

the

results

from

ongoing

operations

and

the

underlying

profitability

of

our

businesses.

However,

adjusted

operating

income

is

not

a

substitute

for

income

determined

in

accordance

with

GAAP,

and

the

adjustments

made

to

derive

adjusted

operating

income

are

important

to

an

understanding

of

our

overall

results

of

operations.

For

additional

information

about

adjusted

operating

income

and

the

comparable

GAAP

measure,

including

a

reconciliation

between

the

two,

please

refer

to

our

Annual

Report

on

Form

10-K

for

the

year

ended

December

31,

2013

and

subsequent

Quarterly

Reports

on

Form

10-Q.

Additional

historical

information

relating

to

our

financial

performance

is

located

on

our

Web

site

at

www.investor.prudential.com.

2015 Financial Outlook Conference Call

RECONCILIATION BETWEEN AOI EARNINGS PER SHARE AND

THE COMPARABLE

GAAP

MEASURE

13

2015 Financial Outlook Conference Call

Earnings per share of Common Stock (diluted):

   Financial Services Businesses after-tax adjusted operating income

7.09

                         

Reconciling items:

       Realized investment losses, net, and related charges and adjustments

(3.02)

                        

       Investment gains (losses) on trading account assets supporting insurance liabilities, net

0.42

                         

       Change in experience-rated contractholder liabilities due to asset value changes

(0.30)

                        

       Divested businesses

0.24

                         

       Difference in earnings allocated to participating unvested share-based payment awards

0.01

                         

         Total reconciling items, before income taxes

(2.65)

                        

       Income taxes, not applicable to adjusted operating income

(1.35)

                        

           Total reconciling items, after income taxes

(1.30)

                        

Income (loss) from continuing operations (after-tax) of Financial Services

Businesses attributable to Prudential Financial, Inc.

5.79

                         

Income (loss) from discontinued operations, net of taxes

0.01

                         

Net income (loss) of Financial Services Businesses attributable to Prudential

Financial, Inc.

5.80

                         

YTD

September 30,

2014

$

$

RECONCILIATION FOR EARNINGS PER SHARE EXCLUDING

MARKET DRIVEN AND DISCRETE ITEMS

(1)

14

2015 Financial Outlook Conference Call

1)

As disclosed in company earnings releases.

2)

Includes adjustments to reflect updated estimates of profitability based on market performance in relation to our assumptions, as well as annual reviews of actuarial

assumptions and refinement of reserves, deferred policy acquisition and other costs.

After-Tax Adjusted Operating Income basis:

Earnings Per Share

7.09

$                  

Reconciling items:

Unlockings and experience true-ups

(2)

(0.39)

Integration costs for Hartford Life acquisition

(0.03)

Sub-total

(0.42)

Earnings Per Share -

excluding market driven and

discrete items

7.51

$                  

YTD

September 30,

2014