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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Prudential Financial Inc | NYSE:PRU | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.085 | 0.07% | 117.575 | 118.14 | 117.04 | 117.26 | 96,597 | 15:24:08 |
From May 2019 to May 2024
By Matt Grossman
Prudential Financial Inc. has reached a deal to sell its life-insurance business in Taiwan, Prudential Life Insurance Company of Taiwan Inc., to Taishin Financial Holding Co. Ltd., Prudential said Tuesday.
Prudential of Taiwan, established in 1989, focuses on middle-market and affluent insurance customers, according to Prudential. The sale is part of Prudential Financial's strategy to focus its international efforts on Japan and on high-growth emerging markets, the company said.
Prudential's asset-management business, PGIM, will stay active in Taiwan through its PGIM SITE subsidiary, Prudential said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
August 11, 2020 08:02 ET (12:02 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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