12 Followers SGX:K6S - Prudential PLC Prudential USD
Sector: Financials, Industry: Life & Health Insurance
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9 Dec 2022


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General

CEO: Mr. Stuart James Turner B.A., F.C.A., F.R.M.

Headquarters: SG

Employees: 0

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Description

Prudential was originally established in 1848 during the reign of Queen Victoria as Prudential Mutual Assurance, Investment, and Loan Association. The company was founded to offer life assurance and loans to the middle classes and a few years later established its industrial department. Here the company sold insurance to the working classes and became synonymous with "Man from the Pru" door-to-door sales. Over the years Pru purchased various companies and in the 1920s listed on the London Stock Exchange. With the recent divestments of Jackson and Mercantile & General, Pru is returning to some historical roots. The company is focused on selling health and protection as attachments to long-term savings to upper, middle, and working classes.

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