Prudential Public Limited Company is a financial services provider specialising in insurance, retirement, and asset management solutions. With its headquarters in London, Prudential operates internationally in the United Kingdom, the United States, Asia, and Africa. Incorporated in 1848, the company has been in existence for more than 150 years. Prudential runs a programme — the Chairman’s Challenge, wherein employees apply their skills to assist local communities. The company’s charity drives are classified as Plan International, Help Age International, and Junior Achievement.
This public limited company is listed on the NYSE, trading its stock under the ticker PUK. In July 2020, Jackson National Life Insurance Company ®, a subsidiary of Prudential in the United States, announced a $500m equity investment from Athene Holding Limited. This investment afforded Athene a 9.9% voting interest in Jackson®. This Prudential subsidiary intends to commit the funds to long-term commercial diversification.
Prudential’s two main divisions are Insurance and Asset Management. Retail finance packages and services include life insurance, health insurance, retirement planning, investment schemes, and annuities. The company’s asset management scope includes subsidiaries Eastspring Investments and Prudential Capital.
Stay on top of PUK share price values and market trends by adding this item to your eToro watchlist.