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Prudential plc · London United Kingdom ·(NYSE: PUK)(London: PRU)

Company Description

Laurence Pountney Hill
London
EC4R 0HH
United Kingdom (Map)
Phone: +44-20-7220-7588
Fax: +44-20-7548-3699
Toll Free: 800-873-5654
Rankings
  • FTSE 100
  • #416 in FT Global 500
View Prudential plc Locations On A US MapThis link will open in a new window
When it comes to life insurance, a little prudence goes a long way. Working through its four subsidiaries, Prudential is the UK's largest life insurer and the largest European insurer operating in Asia. In addition to insurance, Prudential UK's products include pensions, annuities, investment bonds, and fund management. Other businesses include UK fund manager M&G. In Asia, the company sells life insurance, savings, and investment products through its Prudential Corporation Asia unit. In the US, Prudential owns Jackson National Life Insurance, which offers annuities and life insurance. Prudential plc was formed in 1848 to offer life insurance and loans to the middle class. To read the full description, subscribe now.
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Key Prudential plc Financials

Company TypePublic - NYSE: PUK - London: PRU

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$14,859.4
2008 Employees29,683

Prudential plc Executives

37 executives listed for Prudential plc's London,  location.
TitleName & BioContact
ChairmanHarvey McGrathNetwork
Group Chief Executive and DirectorTidjane ThiamNetwork
CFO and DirectorNicolaos NicandrouNetwork

Competition

Competitive Landscape for Prudential plc
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top Prudential plc Competitors
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