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Prudential plc

PRU.L

Latest Trade

1,210.00GBp

Change

40.50(+3.46%)

Volume

1,329,642

Today's Range

1,177.00

 - 

1,212.00

52 Week Range

682.80

 - 

1,509.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Prudential PLC's Long Position In COSCO Shipping Energy Transportation Rises To 7.06% - HKEX Filing

Nov 24 (Reuters) - Hong Kong stock exchange filing::PRUDENTIAL PLC BOUGHT 1.3 MLN H-SHARES IN COSCO SHIPPING ENERGY TRANSPORTATION 1138.HK AT AVG PRICE OF HK$3.208 ($0.4139) PER SHARE ON NOV 19 - HKEX FILING.PRUDENTIAL PLC'S LONG POSITION IN COSCO SHIPPING ENERGY TRANSPORTATION INCREASES TO 7.06% FROM 6.96% AFTER THE TRANSACTION - HKEX FILING.

Prudential's Long Position In Angang Steel Raises To 10.08% - HKEX Filing

Sept 29 (Reuters) - Hong Kong stock exchange: :RUDENTIAL PLC BOUGHT 1.8 MLN H-SHARES IN ANGANG STEEL 0347.HK AT AVG PRICE OF HK$2.0623 ($0.2661) PER SHARE ON SEPT 24 - HKEX FILING.PRUDENTIAL PLC'S LONG POSITION IN ANGANG STEEL INCREASES TO 10.08% FROM 9.95% - HKEX FILING.

Prudential Files For Potential Mixed Shelf Offering; Size Not Disclosed

Aug 11 (Reuters) - Prudential PLC <PRU.L>::PRUDENTIAL FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.

UK watchdog reviews value for money in pensions

June 24 (Reuters) - :FCA ANNOUNCES PENSIONS VALUE FOR MONEY CONSULTATION.PROPOSALS AIM TO MAKE IT EASIER FOR INDEPENDENT GOVERNANCE COMMITTEES (IGCS) AND GOVERNANCE ADVISORY ARRANGEMENTS (GAAS) TO COMPARE VALUE FOR MONEY OF PENSION PRODUCTS.FCA REVIEW FOUNDS THAT SOME IGCS LACK NECESSARY INDEPENDENCE AND WERE INEFFECTIVE AT CHALLENGING FIRMS TO ENSURE VALUE FOR MONEY FOR WORKPLACE PENSION SCHEME MEMBERS.FCA IS ASKING FIRMS THAT DO NOT MEET REQUIREMENTS TO MAKE IMPROVEMENTS.

Prudential Announces $27.6 Bln Reinsurance Agreement With Athene Holding Into Its U.S. Business

June 18 (Reuters) - Prudential PLC <PRU.L>::PRUDENTIAL PLC - US BUSINESS: REINSURANCE TRANSACTION & INVESTMENT.PRUDENTIAL - $27.6 BILLION(1) OF JACKSON'S IN-FORCE FIXED AND FIXED INDEXED ANNUITY PORTFOLIO FULLY REINSURED BY ATHENE, EFFECTIVE FROM 1 JUNE 2020.PRUDENTIAL - ANNOUNCES $27.6 BILLION(1) US REINSURANCE AGREEMENT ALONGSIDE $500 MILLION EQUITY INVESTMENT BY ATHENE HOLDING LTD INTO ITS US BUSINESS.PRUDENTIAL - EQUITY INVESTMENT EXPECTED TO CLOSE IN JULY 2020.PRUDENTIAL - PREPARATIONS FOR A MINORITY IPO OF JACKSON CONTINUE ALONGSIDE AN EVALUATION OF OTHER OPTIONS.PRUDENTIAL - CONTINUES TO PREPARE FOR A MINORITY IPO OF JACKSON ALONGSIDE ACTIVE EVALUATION OF OTHER OPTIONS TO CREATE AN INDEPENDENT US BUSINESS..PRUDENTIAL - COMBINED EFFECTS OF INVESTMENT & REINSURANCE TRANSACTIONS EXPECTED TO RAISE JACKSON'S RISK-BASED CAPITAL COVER RATIO BY 80 PERCENT POINTS.PRUDENTIAL - ATHENE'S INVESTMENT WILL TAKE FORM OF A CASH SUBSCRIPTION FOR ISSUANCE OF NEW COMMON EQUITY IN BROOKE (HOLDCO 1) INC.PRUDENTIAL - REACHED AGREEMENT WITH ATHENE HOLDING FOR ITS UNIT ATHENE LIFE RE LTD TO INVEST $500 MILLION IN PRUDENTIAL'S US BUSINESS.

Athene Announces Fixed Annuity Reinsurance Transaction With Jackson National Life Insurance Company

June 18 (Reuters) - Athene Holding Ltd <ATH.N>::ANNOUNCES FIXED ANNUITY REINSURANCE TRANSACTION WITH JACKSON NATIONAL LIFE INSURANCE COMPANY.WILL REINSURE A $27 BILLION IN-FORCE BLOCK OF FIXED DEFERRED AND FIXED INDEXED ANNUITIES.AS PART OF TRANSACTION, ATHENE IS MAKING A $500 MILLION EQUITY INVESTMENT IN JACKSON, REPRESENTING AN 11% STAKE IN COMPANY.TRANSACTION IS EXPECTED TO BE ACCRETIVE TO ATHENE'S ADJUSTED OPERATING INCOME IN 2021 AND 2022.EXPECTS TO DEPLOY ABOUT $1.2 BILLION OF TOTAL CAPITAL IN CONNECTION WITH TRANSACTION TO BE CONTRIBUTED OVER NEXT 12-18 MONTHS.JACKSON WILL CONTINUE TO SERVICE AND ADMINISTER IN-FORCE POLICIES WITHIN BLOCK.REINSURANCE AGREEMENT HAS AN EFFECTIVE DATE OF JUNE 1, 2020.

Third Point Discloses 5.04% Stake In Prudential As Of June 5

June 10 (Reuters) - Prudential PLC <PRU.L>::THIRD POINT LLC DISCLOSES 5.04% STAKE IN PRUDENTIAL AS OF JUNE 5 - FILING.

UK watchdog to ban contingent charging in pensions market

June 5 (Reuters) - :FCA SETS OUT NEXT STEPS TO IMPROVE DEFINED BENEFIT PENSION TRANSFER MARKET.FCA SETS OUT NEXT STEPS TO IMPROVE DEFINED BENEFIT PENSION TRANSFER MARKET.FCA SETS OUT NEXT STEPS TO IMPROVE DEFINED BENEFIT PENSION TRANSFER MARKET.FCA PENSION PACKAGE INCLUDES STEPS TO REDUCE CONFLICTS OF INTEREST BY BANNING CONTINGENT CHARGING.FCA SAYS PROPORTION OF CUSTOMERS WHO HAVE BEEN ADVISED TO TRANSFER OUT OF THEIR DB PENSION IS UNACCEPTABLY HIGH..FCA IS UNDERTAKING 30 ENFORCEMENT INVESTIGATIONS.FCA FOUND THAT PERCENTAGE OF UNSUITABLE FILES IN BRITISH STEEL PENSIONS WAS HIGHER THAN THOSE IN REST OF SAMPLE..

UK to guarantee business-to-business transactions

May 13 (Reuters) - :UK GOVERNMENT WILL TEMPORARILY GUARANTEE BUSINESS-TO-BUSINESS TRANSACTIONS CURRENTLY SUPPORTED BY TRADE CREDIT INSURANCE,.GUARANTEE WILL BE DELIVERED THROUGH A TEMPORARY REINSURANCE AGREEMENT TO BE AGREED WITH INSURERS CURRENTLY OPERATING IN MARKET..

UK watchdog seeks court declaration on business interruption policies

May 1 (Reuters) - :FCA IS ANNOUNCING THAT IT INTENDS TO OBTAIN A COURT DECLARATION TO RESOLVE CONTRACTUAL UNCERTAINTY IN BUSINESS INTERRUPTION ("BI") INSURANCE.FINANCIAL CONDUCT - FCA STATEMENT ON BUSINESS INTERRUPTION INSURANCE.FCA IS ANNOUNCING THAT IT INTENDS TO OBTAIN A COURT DECLARATION TO RESOLVE CONTRACTUAL UNCERTAINTY IN BUSINESS INTERRUPTION.FCA SAYS THIS IS DUE TO CONTINUING CONCERNS ABOUT LACK OF CLARITY AND CERTAINTY FOR SOME CUSTOMERS MAKING BUSINESS INTERRUPTION (BI) CLAIMS,.FCA- THIS IS DUE TO CONTINUING CONCERNS ABOUT LACK OF CLARITY AND CERTAINTY FOR SOME CUSTOMERS MAKING BUSINESS INTERRUPTION CLAIMS.FCA-WE ARE INTENDING TO TAKE THIS ACTION IN PUBLIC INTEREST TO ADVANCE OUR CONSUMER PROTECTION AND MARKET INTEGRITY OBJECTIVES.FCA ANY UNCERTAINTY NEEDS TO BE RESOLVED AS QUICKLY AS POSSIBL.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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