Prudential plc 2008 Full Year Results

Prudential plc 2008 Full Year Results
PRUDENTIAL PLC DELIVERS VERY STRONG 2008 FULL YEAR RESULTS
Embedded Value:
* EEV Operating Profit of £2,961 million up 17%
* New Business Profit of £1,307 million up 8%
* Asset management operating profit up 3% to £345 million
[…]

Tidjane Thiam to succeed Mark Tucker as Group Chief Executive on 1 October 2009

Tidjane Thiam to succeed Mark Tucker as Group Chief Executive on 1 October 2009
Prudential plc announces that Mark Tucker has informed the Board that he intends to step down as Group Chief Executive on 30 September 2009 after four and a half years. The Board is very sorry to lose Mark, but understands and respects […]

Prudential plc announces transfer of its legacy agency book and agency force in Taiwan to China Life Insurance of Taiwan

Prudential plc announces transfer of its legacy agency book and agency force in Taiwan to China Life Insurance of Taiwan
Prudential plc (”Prudential”) announces that it has entered into an agreement to transfer the assets and liabilities of its agency distribution business and its agency force in Taiwan to China Life Insurance Company, Ltd of Taiwan […]

Prudential plc Full Year 2008 New Business Results

Prudential plc Full Year 2008 New Business Results
STRONG GROUP CAPITAL POSITION - ESTIMATED IGD SURPLUS £1.7BN
WE SEPARATELY ANNOUNCE TODAY THE TRANSFER OF THE LEGACY AGENCY BOOK IN TAIWAN AND THE TAIWAN AGENCY FORCE TO CHINA LIFE INSURANCE COMPANY LTD (TAIWAN) WHICH WILL INCREASE THE IGD SURPLUS TO APPROXIMATELY £2.5BN
Mark Tucker, Group Chief Executive said:
“Prudential has […]

Prudential plc’s full corporate reporting calendar for 2009 is detailed below.

Prudential plc’s full corporate reporting calendar for 2009 is detailed below.
Prudential plc remains committed to continuing to improve its communication with the market to ensure that the information provided is of maximum benefit and relevance.
The Company has reviewed its reporting calendar for 2009 in order to meet this objective and in particular, the need to […]

PruLife Return of Premium (ROP) Term Now Available in New York State

PruLife Return of Premium (ROP) Term Now Available in New York State
NEWARK, N.J., January 15, 2009 - PruLife Return of Premium (ROP) Term is now available in New York State. Issued by Pruco Life Insurance Company (Pruco Life Insurance Company of New Jersey in NY and NJ) and previously approved in most states (not approved […]

Prudential Financial to Host 2009 New York Investor Day

Prudential Financial to Host 2009 New York Investor Day
NEWARK, N.J., January 15, 2009 - Prudential Financial, Inc. (NYSE:PRU) will host a conference for analysts and investors in New York City, on Thursday, December 10, 2009. Further details will be announced closer to the date of the meeting.
For more information, please write to investor.relations@prudential.com.
Prudential […]

Three Longstanding Hampton Roads Real Estate Firms Merge to Form Prudential Towne Realty

Three Longstanding Hampton Roads Real Estate Firms Merge to Form Prudential Towne Realty
Union of GSH Realty, Prudential Decker Realty and Prudential McCardle Realty Creates one of Hampton Roads’ Largest Real Estate Companies
HAMPTON ROADS, Va., January 19, 2009 - Prudential Real Estate Affiliates, Inc., a Prudential Financial, Inc. [NYSE: PRU] company, and Hampton Roads-based TowneBank […]

Conversations about Retirement: What Do I Do Now?

Conversations about Retirement: What Do I Do Now?
Leading Retirement Experts Offer Strategies to Help Achieve 2009 Retirement Goals
NEWARK, N.J., January 22, 2009 - Many Americans, particularly those within The Retirement Red Zone — the five years before and after retirement — are facing a new reality, with significant declines in their 401(k) plans and […]

PREI® Hires Industry Veterans to Expand Real Estate Mezzanine Financing Strategy

PREI® Hires Industry Veterans to Expand Real Estate Mezzanine Financing Strategy
New London-based team to build sustainable European platform
PARSIPPANY, N.J., January 28, 2009 - Prudential Real Estate Investors has hired a team of real estate finance veterans to build a commercial real estate mezzanine platform in Europe and offer investors around the world the opportunity […]