Tag Archives: Prudential

Prudential Unveils AI Lab in Singapore to Drive Innovation and AI Adoption

(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release

Prudential Strengthens Nigerian Market Position with Full Acquisition of Zenith Life

(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release

Prudential Partners with Bank Syariah Indonesia to Boost Syariah Insurance Growth in Key ASEAN Market

(IN BRIEF) Prudential has entered into a strategic partnership with Bank Syariah Indonesia (BSI), enabling the company to offer Syariah-compliant life insurance through BSI’s extensive network starting in 2025. This collaboration is seen as a key step for Prudential to … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

Prudential Appoints Angel Ng as Regional CEO for Greater China Following Lilian Ng’s Retirement

(IN BRIEF) Prudential plc has announced that Lilian Ng, Managing Director of the Strategic Business Group, will retire at the end of the year after 30 years with the company. She will be succeeded by Angel Ng, formerly of Citi, … Read the full press release

Prudential Launches Climate & Health Resilience Fund to Address Climate Change Impacts

(IN BRIEF) Prudential plc, a prominent insurance company in Asia and Africa, has announced a significant investment of US$2.5 million through its community investment arm, Prudence Foundation, to tackle the effects of climate change on health and enhance climate resilience, … Read the full press release

Prudence Foundation and Malaysian Red Crescent Collaborate to Safeguard Students with ‘Safe Schools, Safe Kids’ Initiative

(IN BRIEF) Prudence Foundation, in collaboration with the Malaysian Red Crescent (MRC), is launching the ‘Safe Schools, Safe Kids’ programme across Malaysia to empower students aged 10-15 with crucial health and safety skills. The initiative aims to equip children with … Read the full press release

Prudential Appoints Arjan Toor as CEO Health to Drive Transformation and Customer Trust

(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release

Prudential Announces Exclusive 10-Year Bancassurance Partnership with CIMB Thai Bank in Thailand

(IN BRIEF) Prudential plc has revealed that Prudential Life Assurance (Thailand) Public Company Ltd (PLT) has entered into a decade-long bancassurance partnership with CIMB Thai Bank Public Company Limited (CIMB Thai), establishing PLT as the exclusive life insurance partner for … Read the full press release

Prudence Foundation launches web-based game to teach kids financial literacy

(IN BRIEF) The Prudence Foundation has launched a new web-based learning game to promote financial literacy among 7-12 year-olds. The Cha-Ching Money Adventures game was created in partnership with the US-based not-for-profit education and health organisation Education Development Center and … Read the full press release

Catherine Chia to succeed Jolene Chen as a new HR at Prudential

(PRESS RELEASE) LONDON, 12-Jan-2023 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the retirement of Jolene Chen, Group Human Resources Director. The company has also announced the appointment of Catherine Chia … Read the full press release

Catherine Chia succède à Jolene Chen en tant que nouvelle RH chez Prudential

(COMMUNIQUÉ DE PRESSE) LONDRES, 12-Jan-2023 — /EuropaWire/ — Prudential plc (LON: PRU), une multinationale britannique de l’assurance-vie et santé, a annoncé le départ à la retraite de Jolene Chen, directrice des ressources humaines du groupe. La société a également annoncé … Read the full press release

George David Sartorel to join Prudential Board as Non-executive Director

(PRESS RELEASE) LONDON, 14-Jan-2022 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the appointment of George David Sartorel to its Board as a Non-executive Director. George Sartorel has extensive experience of … Read the full press release

Prudential announces the appointment of Mike Evans as Chair of M&G Prudential

LONDON, 02-Oct-2018 — /EuropaWire/ — Prudential plc today announces the appointment of Mike Evans as Chair of M&G Prudential in preparation for its planned demerger. He joins the Board of M&G Prudential with immediate effect. Mr Evans has 36 years … Read the full press release

Babylon’s artificial intelligence expertise will be made available to existing and new customers of Prudential across Asia

Providing Accessible and Affordable Healthcare across Asia HONG KONG, China/ LONDON, UK, 08-Aug-2018 — /EuropaWire/ — Prudential Corporation Asia (“Prudential”) (2378.HK) today announced it has entered into an exclusive partnership agreement with UK-based healthcare technology and services company Babylon Health (“Babylon”)1. … Read the full press release

Prudential’s Eastspring Investments to initially acquire 65% of leading asset management company in Thailand TMB Asset Management

LONDON, 27-Jul-2018 — /EuropaWire/ — Eastspring Investments (“Eastspring”), the Asian asset management business of Prudential plc (“Prudential”), has reached an agreement to initially acquire 65 per cent of TMB Asset Management Co., Ltd. (“TMBAM”), a leading asset management company in Thailand, … Read the full press release

Prudential creates opportunities for young people at its offices in Stirling and Reading with its 2018 Apprenticeship Programme

Prudential announces the launch of 2018 Apprenticeship Programme with roles in both Stirling and Reading 13-15 month ‘living wage’ training programme with recognised vocational and professional qualification LONDON, 08-Mar-2018 — /EuropaWire/ — Leading employer Prudential has today (Monday 05 March … Read the full press release

Prudential to host series of nationwide ‘Planning Matters’ seminars for financial advisers

LONDON, 11-Jan-2018 — /EuropaWire/ — Prudential will begin 2018 by hosting a series of nationwide ‘Planning Matters’ seminars for financial advisers. At the sessions, which run from 24 January to 22 March 2018 and cover 21 locations across the UK, Prudential’s … Read the full press release

Robinsons Bank and Prudential’s subsidiary Pru Life UK establish bancassurance partnership in the Philippines

QUEZON CITY, Philippines, 10-Jan-2018 — /EuropaWire/ — Gonkongwei-led Robinsons Bank and Prudential’s subsidiary Pru Life UK today announced the establishment of a strategic bancassurance partnership, in the Philippines at a press conference held at Crowne Plaza Galleria Manila. Through this partnership, … Read the full press release

Prudential: World Bank Group’s IFC to raise $500 million Eastspring Investments for infrastructure projects in emerging markets

Hong Kong SAR, China, 04-Jul-2017 — /EuropaWire/ — IFC, a member of the World Bank Group, today signed an agreement with Eastspring Investments, the Asian asset management business of Prudential plc, to raise $500 million for an innovative IFC program that … Read the full press release

Prudential announces changes to its board of directors

LONDON, 23-Feb-2017 — /EuropaWire/ — Prudential plc (“Prudential”) announces that Ann Godbehere will retire from the Board at the conclusion of the Annual General Meeting on 18 May 2017. Ms Godbehere has been a non-executive director since August 2007, Chairman of … Read the full press release

Prudential: the average retired UK household benefits by as much as £17,500 a year from direct and indirect financial support

Average annual pensioner benefits and concessions worth £17,500 Pensioners say OAP discounts save them more than £1,000 a year on discretionary spending More than one in three could not afford a trip to the dentist or optician if charged the … Read the full press release

Prudential research: one in five over-55s consider buying retirement property but letting it out until retirement

One in five over 55s are considering buying their ideal retirement home now and letting it out until they retire More than half plan to raid their pension savings to fund their ideal retirement home Post-pension freedoms three in ten … Read the full press release

Prudential unveils online tool for financial advisers and accountants to extract profits from their companies as part of retirement planning activity

Free online tool for financial advisers and accountants Tool launches ahead of changes to dividend taxation in April 2016 Advising corporates, company directors and SMEs seen as a growth area among advisers LONDON, 26-11-2015 — /EuropaWire/ — Prudential has launched … Read the full press release

Prudential 2014/15 apprentices graduated from their training programme at ceremonies held across the UK during August

38 young people successfully ‘graduate’ as Prudential apprentices in 2015 Graduation ceremonies held across the UK – in London, Reading and Stirling £4.1 million committed to extending the Prudential apprenticeship programme until 2018 LONDON, 21-8-2015 — /EuropaWire/ — Prudential apprentices … Read the full press release

Prudential: 21% of pensioners in UK have gone back to work since they reached the State Pension age, or are planning to do so in the future

Retired jobseekers want to keep mentally active as well as increasing their income in retirement Around one in six are doing voluntary work while nearly one in 20 are earning more than before they retired LONDON, 16-7-2015 — /EuropaWire/ — … Read the full press release

Prudential Portfolio Management Group Limited appoints Michael Coop and Ciaran Mulligan as new members to its senior management team

LONDON, 16-7-2015 — /EuropaWire/ — Prudential Portfolio Management Group Limited (PPMG) has appointed two new members to its senior management team. Michael Coop, head of multi-asset portfolio management¹ , and Ciaran Mulligan, head of manager oversight² , have joined the … Read the full press release

Prudential: 15% of those planning to retire this year have no pension savings and will heavily dependent on the State Pension

Also, one in six will retire in 2015 with expected income below the minimum income standard for a single pensioner A retired couple reliant on the State Pension alone will get by just above the ‘poverty line’ The State Pension … Read the full press release

Prudential announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015

LONDON, 3-11-2014 — /EuropaWire/ — Prudential today announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015. At this time, Mr Nightingale  will also join the Nomination Committee.  Mr Nightingale has … Read the full press release

Prudential analysis: Since 2011 workers over the age of 60 have seen their earnings rise faster than any other age group

• Average annual earnings for over-60s increased by nearly £1,000 between 2011 and 2013 • Number of over-60s in work has risen by more than 100,000 in two years • Increase in over-60s managers helps drive up average earnings LONDON, … Read the full press release

Prudential plc confirmed The Prudential Assurance Company Limited (PAC) completed domestication of its Hong Kong branch

London, UK, 6-1-2014 — /EuropaWire/ — Prudential plc today confirms that The Prudential Assurance Company Limited (PAC) has completed the process of domesticating its Hong Kong branch.  The Hong Kong branch of PAC was transferred on 1 January 2014 to two new … Read the full press release

Prudential research finds one in four retired UK homeowners hope to raise £62,000 by moving into a smaller home

• One in four retired homeowners hope to raise £62,000 by moving into a smaller home • Convenience, raising money and cutting bills are the top three reasons for downsizing 02-9-2013 — /EuropaWire/ — Nearly three quarters (73 per cent) of the … Read the full press release