Prudential (LSE:PRU)

UK company
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Market Info - PRU

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Company Info - PRU

  • Market Cap£39.273bn
  • SymbolLSE:PRU
  • IndustryFinancial Services
  • SectorInsurance - Life
  • Currency
  • ISINGB0007099541

Company Profile

With the spin-off of Jackson National Life, Prudential will become an Asia-focused life insurer selling its policies in Hong Kong, Singapore, Indonesia, Malaysia, Vietnam, China, Thailand, Philippines, Taiwan and Africa. These geographic business units are supported by Eastspring Investments, Prudential's Asia-focused asset manager. As at year-end 2020 Eastspring had $248 billion in assets under management split between $138 billion for in-house Asia life and $110 billion managed for external clients.Prudential's most important markets are Hong Kong, Singapore, Indonesia and Malaysia and combined with Eastspring these five divisions account for over two thirds of adjusted operating profit. Adjusted reconciles IFRS operating profit with longer-term investment returns.Prudential PLC is a financial services group that offers life insurance, long-term savings and protection products, retirement income solutions and asset management services throughout Asia, United States and United Kingdom.

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