Edition:
United Kingdom

Prudential PLC (PRU.L)

PRU.L on London Stock Exchange

1,725.50GBp
19 Sep 2018
Change (% chg)

61.50 (+3.70%)
Prev Close
1,664.00
Open
1,672.00
Day's High
1,725.50
Day's Low
1,670.00
Volume
6,330,909
Avg. Vol
4,465,600
52-wk High
1,992.50
52-wk Low
1,650.00

Latest Key Developments (Source: Significant Developments)

Prudential Plc Group Of Companies Discloses 5.38 Pct Stake In Sabre Insurance Group
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Sabre Insurance Group::PRUDENTIAL PLC GROUP OF COMPANIES DISCLOSES 5.38 PERCENT STAKE IN SABRE INSURANCE GROUP PLC - FILING.  Full Article

Rothesay Life Intends To Raise Further Debt Financing
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Rothesay Life::FOLLOWING PRUDENTIAL DEAL, CO CHOSE TO DE-RISK UNDERLYING ASSETS & BE CAUTIOUS ABOUT REINVESTING PREMIUM GIVEN MARKET CONDITIONS.FIRST HALF PRE-TAX LOSSES FOR GROUP WERE £257M ON A CONSOLIDATED BASIS.GENERATED NEW BUSINESS STRAIN RESULTING IN H1 PRE-TAX LOSSES AS ANTICIPATED WHEN UNDERWRITING PRUDENTIAL DEAL.ANNOUNCES ITS INTENTION TO RAISE FURTHER DEBT FINANCING.  Full Article

Ping An Weighs Bid For Prudential's Asian Business- Bloomberg
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - :PING AN WEIGHS BID FOR PRUDENTIAL’S ASIAN BUSINESS- BLOOMBERG, CITING SOURCES.  Full Article

Prudential CEO -separate listing of M&G Prudential unlikely before late 2019
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Prudential PLC ::CEO MIKE WELLS SAYS ~SEPARATE LISTING OF M&G PRUDENTIAL UNLIKELY BEFORE LATE 2019.CEO MIKE WELLS SAYS ~NOT PLANNING "RIGHT NOW" TO SELL ANY MORE OF ITS CLOSED LIFE BUSINESS.  Full Article

Prudential Group Of Companies Cuts Stake To 4.98 Pct In Coats Group
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Coats Group PLC ::PRUDENTIAL PLC GROUP OF COMPANIES CUTS STAKE TO 4.98 PERCENT FROM 9.98 PERCENT IN COATS GROUP PLC - FILING.  Full Article

Prudential Says Anne Richards Resigns As CEO Of M&G Investments
Friday, 27 Jul 2018 

July 27 (Reuters) - Prudential PLC ::ANNE RICHARDS RESIGNS AS CHIEF EXECUTIVE OF M&G INVESTMENTS.CLARE BOUSFIELD TO BECOME CHIEF FINANCIAL OFFICER OF M&G PRUDENTIAL.ANNE RICHARDS RESIGNS FROM PRUDENTIAL PLC BOARD.JOHN FOLEY WILL TAKE ON ADDITIONAL RESPONSIBILITIES OF BECOMING CHIEF EXECUTIVE OF KEY REGULATED ENTITIES OF M&G AND PRUDENTIAL UK.  Full Article

Prudential CEO - Spin-Off of UK Division has nothing to do with Brexit
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Prudential ::HAVE AROUND 20 BILLION STG CLOSED ANNUITY BOOK REMAINING, NO PLANS TO SELL.CEO - THERE ARE NO EXECUTIVE FINANCIAL INCENTIVES IN THE DEMERGER.CEO MIKE WELLS - SPIN-OFF OF UK DIVISION HAS NOTHING TO DO WITH BREXIT.  Full Article

Prudential Says Agreed To Sell Its Consumer Finance Business In Vietnam for $151 Mln
Tuesday, 23 Jan 2018 

Jan 22 (Reuters) - Prudential Plc ::PRUDENTIAL PLC - REACHED AGREEMENT TO SELL 100% OF ITS CONSUMER FINANCE BUSINESS IN VIETNAM, PRUDENTIAL VIETNAM FINANCE CO LTD, FOR $151 MILLION.PRUDENTIAL PLC - AGREEMENT IS WITH SHINHAN CARD CO., LTD., A SUBSIDIARY OF THE SHINHAN FINANCIAL GROUP, A LEADING KOREAN FINANCIAL INSTITUTION‍​.PRUDENTIAL PLC - PRUDENTIAL AND SHINHAN HAVE ALSO AGREED A NEW LONG-TERM BANCASSURANCE PARTNERSHIP IN VIETNAM AND INDONESIA.  Full Article

Capita Says Prudential's Life, Pensions Business Administration To be Transferred From Capita
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Capita Plc ::PRUDENTIAL SAID ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS TO BE TRANSFERRED FROM CAPITA TO NEW SUPPLIER ON JULY 31.PRUDENTIAL'S LIFE AND PENSIONS OPERATIONS EXPECTED TO CONTRIBUTE REVENUE OF ABOUT 80 MILLION STG TO CAPITA IN FY 2017.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.  Full Article

Capita's Life, Pensions Business Administration To be Transferred From Capita
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Capita Plc ::‍ANNOUNCED THAT ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS WILL BE TRANSFERRING FROM CAPITA TO A NEW SUPPLIER ON 31ST JULY 2018​.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.LIFE AND PENSIONS OPERATIONS ARE EXPECTED TO CONTRIBUTE REVENUE OF AROUND £80M TO CAPITA IN FULL YEAR TO DECEMBER 2017..  Full Article

Financial watchdog clears life insurers of customer mistreatment

LONDON Britain's Financial Conduct Authority (FCA) said on Wednesday it had cleared four life insurance companies under investigation for alleged mistreatment of customers after an extended review of standards in the sector.