Prudential PLC


  • Tapping Prudential's 'Sweet Spot': CEO     Monday, 14 Jan 2013 | 6:45 PM ET

    Barry Stowe, CEO, Asia, Prudential explains why his firm is focusing its efforts on Cambodia. He discusses the opportunities that Southeast Asia presents to Prudential.

  • American International Group may raise up to $6.5 billion through the sale of its remaining stake in Asian insurer AIA, a source said on Monday.

  • Seeing Big Profits in Asia's Middle-Class Boom Friday, 30 Nov 2012 | 5:38 PM ET

    London-based Prudential PLC is riding the wave of demographic change occurring in emerging Asia, says CEO Tidjane Thiam.

  • Tidjane Thiam, CEO of Prudential is optimistic about the company's acquisition of Thailand's Thanachart Life Assurance. He explains how the company sees potential in Thailand's growing GDP, middle class and industrial base.

  • AMSTERDAM, Oct 11- ING said it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • HONG KONG/ SINGAPORE, Oct 10- Pan-Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance unit and is expected to pay $1.5 billion to $1.7 billion, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets.

  • SINGAPORE, Oct 10- Singapore conglomerate Fraser and Neave Ltd, the takeover target of a Thai tycoon, said it had rebuffed a S $1.4 billion bid for its hospitality and serviced residence business.

  • SINGAPORE, Oct 10- Singapore conglomerate Fraser and Neave Ltd, the takeover target of a Thai tycoon, said it had rebuffed a S $1.4 billion bid for its hospitality and serviced residence business.

  • *UPDATE 1-Fraser and Neave board says Thai offer fair Wednesday, 10 Oct 2012 | 12:25 AM ET
  • *Credit Suisse cuts European insurance to benchmark from overweight. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • Tidjane Thiam CEO Prudential says the company see Asia as central to their growth and they are seeing infinite demand for their products.

  • Regulations Could Make Insurers Flee UK: Analyst Wednesday, 14 Mar 2012 | 6:13 AM ET

    The potential relocation of UK insurers away from Britain will turn “from a trickle into a flood,” says one analyst. Craig Scarr, Head of Insurance at accountancy firm Mazars warned that something needs to be done to stem the threat of new European capital rules, known as Solvency II.

  • Prudential Loves London; Brussels, Not So Much Tuesday, 13 Mar 2012 | 6:42 AM ET

    The management of UK-based Prudential has made no decision on whether to relocate outside of the European Union but is watching with apprehension Brussels' plans to introduce new regulation for insurers, CEO Tidjane Thiam told CNBC.

  • 5 Companies That Sold the Most to Survive Thursday, 17 Nov 2011 | 1:08 PM ET

    Some companies haven't had the luxury to make acquisitions since the financial crisis and instead have been using ventures and business line fire sales to stabilize bleeding operations.

  • Selloff 'Perception Catching Up With Reality': CEO Friday, 5 Aug 2011 | 5:31 AM ET
    Businessman with crystal ball

    Thursday's market sell-off, which saw a dramatic 500 point fall in the Dow, is just a case of market perception catching up with reality, the chief executive of one of Europe's biggest insurers told CNBC Friday.

  • Thiam: No Quick Fix on Fiscal Deficits     Friday, 5 Aug 2011 | 2:05 AM ET

    "We're now in a very healthy position, our total exposure to the sovereigns - Portugal, Italy, Greece, Spain, Ireland - is £53 million ($86 million) and to the banks it's £300 million ($488 million) against which we have a reserve of £1.8 billion ($2.9 billion) so we're completely insulated from any risk of attack," Tidjane Thiam, CEO of Prudential told CNBC Friday. He added that Prudential had reduced its exposure to risk due to the belief that the fiscal deficits in those countries will take longer to resolve than initially anticipated.

  • Prudential Profits Rise on Asian Growth Friday, 5 Aug 2011 | 1:41 AM ET

    Prudential, the UK-based insurer and asset manager, reported a better-than-expected 25 percent rise in half-year profit to 1.06 billion pounds ($1.72 billion) Friday.

  • Probe Launched Into Prudential’s Failed AIA Bid Wednesday, 20 Apr 2011 | 11:22 PM ET

    An investigation is under way into the handling of Prudential’s $35 billion aborted bid for Asian life assurer AIA, according to people familiar with the matter. The FT reports.

  • The Key S&P Support Level Today Wednesday, 2 Jun 2010 | 9:57 AM ET

    After losing steam late in the session yesterday (Tuesday), stocks had pointed to a higher open this morning. (Note: US markets did open higher, led by energy and financials.) But in a fairly rare sight, stock futures are advancing as the U.S. Dollar Index rises and commodities fall.

  • New Month, Same Story: Risk Aversion Tuesday, 1 Jun 2010 | 10:51 AM ET

    Risk aversion continues to be at the center of attention to kick off June. Following the Dow’s worst May since 1940, U.S. stock futures were notably weaker this morning. Also weighing on the European markets: political instability as Germany’s President Hoerst Koehler resigned and worries over future downgrades of European debt.