Life insurer Prudential tumbles as it turns to Hong Kong investors in £2.1bn equity drive By Lucy White For The Daily Mail Published: 17:16 EDT, 20 September 2021 | Updated: 17:16 EDT, 20 September 2021 Shares in Prudential fell after the life insurer announced plans to raise £2.1billion from investors in Hong Kong. The stock, … Read more
The money-printer, which makes notes for the Bank of England, has looked vulnerable to a hostile bid since its stock disintegrated after losing out on the blue passport contract in 2018.
China travel curbs take toll on Prudential with sales of its policies in Hong Kong down 48% By Daily Mail City & Finance Reporter Published: 22:22 BST, 13 May 2021 | Updated: 22:22 BST, 13 May 2021 Border lockdowns have caused Prudential’s Hong Kong business to suffer Travel restrictions between Hong Kong and mainland China marred … Read more
Prudential slashes dividend as it retreats from the US: Insurer to focus on fast-growing markets in Asia and Africa By Matt Oliver For The Daily Mail Published: 22:01 BST, 11 August 2020 | Updated: 22:51 BST, 11 August 2020 Insurance giant Prudential slashed the dividend in half as it announced plans to spin off its … Read more
Pensioners are being forced to look for work and cancel holidays amid a payments backlog at one of Britain’s biggest insurers. One reader told Money Mail he had been waiting for the Prudential to release his pension pot for almost a month, while another had to wait three months for compensation. Savers have also complained … Read more