Prudential
Prudential secures licence for life insurance business in Myanmar
Prudential Corporation Asia (Prudential) has obtained licence from the Ministry of Planning and Finance (MoPF) of Myanmar to start its…
Prudential plans to make life insurance prices dearer for Vapers
American insurance major Prudential is reportedly planning to increase the prices of its life insurance plans for Vapers due to…
Prudential hit with £23.8m fine for inappropriate annuities sales
Insurer Prudential has been fined £23.8m by the UK Financial Conduct Authority (FCA) for selling annuities to customers without informing…
Prudential Financial to acquire insurtech Assurance for $2.35bn
Prudential Financial has reached an agreement to purchase Seattle-based online insurance start-up Assurance IQ in a transaction valued for $2.35bn.…
Prudential Singapore increases coverage age to 100 years for corporate clients’ staff
Prudential Singapore has increased the age for group medical insurance to 100 years for the employees of its corporate clients.…
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UK High Court bars Prudential from transferring $15bn annuities to Rothesay Life
The High Court of England and Wales has barred The Prudential Assurance Company (PAC) from transferring $15bn annuities to Rothesay…
Prudential to announce plans to demerge UK business
American insurance major Prudential is set to start a split of its UK business from the group’s Asian and American…
Prudential taps Vitech’s cloud-based insurance administration platform
Prudential Group Insurance, a business unit of Prudential Financial, has selected Vitech cloud-based administration platform V3 and V3locity to further…
DHFL and Prudential may sell their stakes in life insurance joint venture
Dewan Housing Finance (DHFL) and its American partner Prudential Financial are reportedly planning to offload their respective shareholdings in the…
Chinese insurer Union Life plans to divest controlling stake
Union Life Insurance is reportedly considering to divest a majority stake that is expected to elicit interest from AIA and…