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13 Facts About Prudential plc

1.

Prudential plc is a British multinational insurance company headquartered in London, England.

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2.

Prudential plc has dual primary listings on the London Stock Exchange and Hong Kong Stock Exchange, and is a constituent of the FTSE 100 Index.

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3.

Prudential plc moved to its long-time home at Holborn Bars in 1879 and converted to a limited company in 1881.

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4.

In 1986, Prudential plc acquired the American insurer Jackson National Life.

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5.

Prudential plc had been closing branches, with 100 closing between December 1988 and May 1990.

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6.

In May 1991 Prudential plc sold the remainder of the chain for a total of £13.

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7.

In 1997, Prudential plc acquired Scottish Amicable, a business founded in 1826 in Glasgow as the West of Scotland Life Insurance Company, for £1.

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8.

In October 2004, Prudential plc launched a new subsidiary, PruHealth, a joint venture with Discovery Holdings of South Africa selling private medical insurance to the UK market.

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9.

In December 2013, Prudential plc announced the purchase of Ghana's Express Life Company.

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10.

In September 2014, Prudential plc purchased Kenyan life insurer Shield Assurance and rebranded it as Prudential plc Kenya, further expanding the company's presence in Africa.

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11.

Prudential plc has since entered six other African countries – Uganda in 2015, Zambia in 2016, Nigeria in 2017, Cameroon, Cote d'Ivoire and Togo in 2019.

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12.

In November 2017, Prudential plc announced the change in the name of its joint venture with Chinese investment company CITIC to "CITIC Prudential plc Life Insurance Company Limited".

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13.

Prudential plc were the inaugural sponsor of RideLondon, an annual two-day cycling festival, held for the first time in 2013.

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