Prudential Plc - Mark Tucker, ICICI Prudential, David Clementi, Jackson National Life, Pruhealth (Paperback)

Chapters: Mark Tucker, Icici Prudential, David Clementi, Jackson National Life, Pruhealth. Source: Wikipedia. Pages: 26. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Prudential plc (LSE: PRU, NYSE: PUK, SEHK: 2378) is a British financial services company. The company has over 21 million customers worldwide. As well as the UK arm of its operations it has operations in 12 countries in Asia and owns Jackson National Life in the United States. It founded the Egg internet bank, which it sold to Citigroup in 2007. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The Company was founded on 30 May 1848 in Hatton Garden in London as The Prudential Mutual Assurance Investment and Loan Association providing loans to professional and working people. In 1854 the Company began selling the relatively new concept of industrial branch insurance policies to the working class population for premiums as low as one penny through agents acting as door to door salesmen. The army of premium collection agents was for many many years identified with the Prudential as the "Man from the Pru." It moved to its traditional home at Holborn Bars in 1879 and converted to a limited company in 1881. The building was designed by Alfred Waterhouse, and is built of terracotta manufactured by Gibbs and Canning Limited of Tamworth (c.1878)two of the same driving forces behind the Natural History Museum in London. The Company was first listed on the London Stock Exchange in 1924. In 1997 the Company acquired Scottish Amicable, a business originally founded in 1826 in Glasgow as the West of Scotland Life Insurance Company, for $1.75bn. Holborn BarsTraditional home of PrudentialIn 1998 Prudential set up Egg, an internet bank within the UK. The subsidiary reached 550,000 customers within nine ...More: http: //booksllc.net/?id=104774