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PRU Prudential Plc

731.00
4.20 (0.58%)
Last Updated: 09:14:39
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.20 0.58% 731.00 730.80 731.20 738.20 725.80 736.00 392,745 09:14:39
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 12.19B 1.7B 0.6401 11.39 19.31B

Prudential Sells Korean Life Insurance Business for GBP119 Million

10/11/2016 9:15am

Dow Jones News


Prudential (LSE:PRU)
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By Ian Walker

 

LONDON--Insurer Prudential PLC (PRU.LN) said Thursday it is selling its life-insurance business in South Korea for about 119 million pounds ($148 million), as part of its strategy of focusing on core markets.

Prudential is selling Korea, PCA Life Insurance Co., Ltd. to Mirae Asset Life Insurance Co., Ltd. subject to regulatory approval.

The company added that it remains committed to the Korean market through Eastspring Investments, its Asian asset-management business.

 

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

November 10, 2016 04:00 ET (09:00 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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