PRU.L - Prudential plc

LSE - LSE Delayed price. Currency in GBp
1,982.50
+3.00 (+0.15%)
As of 10:51AM GMT. Market open.
Stock chart is not supported by your current browser
Previous close1,979.50
Open1,975.00
Bid1,982.00 x 664800
Ask1,982.50 x 208800
Day's range1,971.50 - 1,992.50
52-week range1,524.00 - 1,992.50
Volume1,177,653
Avg. volume4,424,842
Market cap51.04B
Beta1.34
PE ratio (TTM)18.56
EPS (TTM)106.80
Earnings date14 Mar 2018
Forward dividend & yield0.58 (2.54%)
Ex-dividend date2017-08-24
1y target est2,141.12
  • Reuters3 days ago

    BoE flags it may unilaterally ease EU insurance rule

    Britain might ease a European Union rule blamed by insurers for jacking up capital requirements, the Bank of England said on Tuesday. British lawmakers want the BoE to "urgently" amend the risk margin in EU insurance capital rules known as Solvency II. This refers to a capital add-on to cover what a third party would need to safeguard policies if an insurer goes bust. "In our view the calculation in Solvency II is wrong," Bank of England Deputy Governor Sam Woods told parliament's Treasury Select Committee.

  • Reuters - UK Focus3 days ago

    BoE flags it may unilaterally ease EU insurance rule

    Britain might ease a European Union rule blamed by insurers for jacking up capital requirements, the Bank of England said on Tuesday. British lawmakers want the BoE (Shenzhen: 000725.SZ - news) to "urgently" amend the risk margin in EU insurance capital rules known as Solvency II. This refers to a capital add-on to cover what a third party would need to safeguard policies if an insurer goes bust. "In our view the calculation in Solvency II is wrong," Bank of England Deputy Governor Sam Woods told parliament's Treasury Select Committee.

  • Reuters - UK Focus3 days ago

    BUZZ-Capita: falls as Prudential switches pension administrator

    ** Outsourcing firm Capita falls 6.1 pct after Prudential says it is transferring the administration of its life and pensions business to a new supplier ** Life and pensions operations expected to contribute ...

  • Reuters8 days ago

    Bank of England to ease burden of EU insurance rules

    The Bank of England has proposed easing the burden of European Union capital rules for insurers, but the industry urged the regulator to go further and meet calls from British lawmakers for more radical change. The BoE's Prudential Regulation Authority (PRA), which supervises banks and insurers, published a consultation paper to lighten some reporting requirements under the bloc's Solvency II rules. The PRA said the proposed changes take into account recommendations for reform made by the Association of British Insurers (ABI), and by parliament's Treasury Select Committee.

  • Reuters - UK Focus8 days ago

    Bank of England to ease burden of EU insurance rules

    The Bank of England has proposed easing the burden of European Union capital rules for insurers, but the industry urged the regulator to go further and meet calls from British lawmakers for more radical change. The BoE's Prudential Regulation Authority (PRA), which supervises banks and insurers, published a consultation paper to lighten some reporting requirements under the bloc's Solvency II rules.

  • The Wall Street Journal9 days ago

    [$$] Prudential Gathers $1.5 Billion for Latest Infrastructure Fund

    Infracapital, the infrastructure investment arm of life insurance company Prudential PLC, has gathered at least $1.52 billion so far for a new investment vehicle, according to filings with the U.S. Securities ...

  • Reuters - UK Focus9 days ago

    Thai SCB, Prudential reach bancassurance deal

    Siam Commercial Bank Pcl , Thailand's second largest bank by assets, and Prudential Life Assurance , a unit of UK-based Prudential Plc, have signed a bancassurance partnership deal aimed at the lender's ...

  • Reuters9 days ago

    Thai SCB, Prudential reach bancassurance deal

    Siam Commercial Bank Pcl , Thailand's second largest bank by assets, and Prudential Life Assurance (Thailand), a unit of UK-based Prudential Plc, have signed a bancassurance partnership deal aimed at the lender's wealthy clients. An ageing population and a limited welfare system provides opportunities for insurers in Thailand, the eighth largest insurance market in Asia, according to a 2016 Swiss Re report. "Thailand is one of the largest insurance markets in Southeast Asia with low insurance penetration, a growing and increasingly prosperous population with significant insurance and savings needs," Aman Chowla, chief executive of Prudential Thailand said in a statement on Wednesday.

  • Reuters22 days ago

    Goldman Sachs picks Dublin for asset management unit post-Brexit - source

    Goldman Sachs has picked Dublin as a centre for administrative staff in its asset management business following Britain's vote to leave the European Union, a source familiar with the matter said. The subsidiary of Goldman Sachs Asset Management will employ around 20 people, the source added. Britain is currently home to most of the Wall Street bank's European operations, where it has around 6,000 employees.

  • A FTSE 100 growth stock I’m avoiding like the plague
    Fool.co.uk28 days ago

    A FTSE 100 growth stock I’m avoiding like the plague

    Royston Wild reveals a FTSE 100 (INDEXFTSE: UKX) share that could spell disaster for your investment portfolio.

  • Should I pile into Earthport plc, down 30% today?
    Fool.co.uklast month

    Should I pile into Earthport plc, down 30% today?

    Could Earthport plc (LON: EPO) offer turnaround potential?

  • Prudential courts bidders for £13bn sale of UK annuities
    Sky Newslast month

    Prudential courts bidders for £13bn sale of UK annuities

    Prudential (SES: K6S.SI - news) , the FTSE-100 insurance giant, is courting buyers for a bigger than expected chunk of its UK annuities business worth up to £13bn, in a move that will intensify signals that it plans to retreat from its home market. Sky News has learnt that the Pru (HKSE: 2378-OL.HK - news) has asked bidders to table offers for one or more portfolios from its legacy book by 22 December amid an anticipated frenzy of interest in acquiring the assets. City sources said on Wednesday night that the Pru, which is being advised by Towers Watson, had informed interested parties that it would sell up to £13bn of its £33bn UK annuity business.

  • Reuters2 months ago

    Big insurers welcome regulators' rethink of sector risks

    Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier for the industry. The Financial Stability Board said on Tuesday it could take a different approach to assessing risk which would change the way it compiles a list of "systemically" important insurers that must comply with tough rules to cushion them against losses. The FSB, which coordinates financial rules across the Group of 20 (G20) economies, first created its list of globally systemic insurers in 2013 and updates it each November.

  • Reuters - UK Focus2 months ago

    Regulators rethink assessing risks at big insurers

    A global list of insurers that must comply with tougher rules won't be updated this year because its compilation could change, the Financial Stability Board said on Tuesday. Reuters reported the rethink earlier this month, marking a big win for insurers following pressure from the U.S. Treasury. The FSB, which coordinates financial rules across the Group of 20 (G20) economies, updates its list of globally systemic insurers each November.

  • Reuters2 months ago

    Bubbly bitcoin not worth the wager - investors

    Bitcoin may have surged a staggering 700 percent since the start of the year but most investors at a Reuters Summit this week said they had not been tempted to play the volatile cryptocurrency. The difficulty of assigning a fair value to a speculative instrument that is less than a decade old and lacks the fundamentals that drive other asset classes was the main reason for steering clear of bitcoin, investors speaking at the Reuters Global Investment 2018 Outlook Summit said. Others said the cryptocurrency's use for criminal purposes such as money laundering was another reason to stay away, as was the widespread perception that the bitcoin rally was another bubble destined to burst.

  • Reuters2 months ago

    Prudential seeks larger slice of life in China as Asia drives profit

    Prudential expects its Asian business to double in size every five to seven years, the British life insurer said after reporting the region drove a 17 percent rise in new business profit during the first nine months of 2017. Britain's largest insurer, which traditionally saw its revenue fairly equally split between Asia, the United States and Britain, has pushed ahead with Asian growth in recent years. Asia was "in some ways, ours to lose", Chief Executive Mike Wells told investors on Thursday after Prudential said that new business profit in the region rose 15 percent to 1.61 billion pounds, helped by higher sales and rising interest rates.

  • Reuters - UK Focus2 months ago

    Prudential seeks larger slice of life in China as Asia drives profit

    Prudential (SES: K6S.SI - news) expects its Asian business to double in size every five to seven years, the British life insurer said after reporting the region drove a 17 percent rise in new business profit during the first nine months of 2017. Britain's largest insurer, which traditionally saw its revenue fairly equally split between Asia, the United States and Britain, has pushed ahead with Asian growth in recent years. Asia was "in some ways, ours to lose", Chief Executive Mike Wells told investors on Thursday after Prudential said that new business profit in the region rose 15 percent to 1.61 billion pounds, helped by higher sales and rising interest rates.

  • Reuters2 months ago

    Prudential Asia fund arm to set up wholly-owned China non-retail fund manager

    HONG KONG, Nov 16 (Reuters) - Prudential Asia executives say -- * Asian asset manager Eastspring in process of establishing wholly-owned presence in China * Eastspring recruiting to establish onshore investment ...

  • Reuters2 months ago

    BRIEF-Prudential says 9-mth ‍life insurance new business profit up 17 pct

    Nov 16 (Reuters) - Prudential Plc * ‍NEW BUSINESS PROFIT INCREASED 15 PERCENT TO £1,616 MILLION IN FIRST NINE MONTHS​ IN ASIA * 9-MONTH ‍LIFE INSURANCE NEW BUSINESS PROFIT INCREASED BY 17 PER CENT TO £2,469 ...

  • Business Wire2 months ago

    Jackson Introduces Perspective Advisory IISM

    Jackson National Life Insurance Company® today announced the launch of Perspective Advisory II , a fee-based variable annuity with no surrender charge, designed to address personal investment challenges and help people pursue financial freedom in retirement.

  • Business Wire2 months ago

    Prudential, PIC Reach $1.2 Billion Longevity Reinsurance Agreement

    NEWARK, N.J.--(BUSINESSWIRE)-- Prudential Retirement, a unit of Prudential Financial, Inc. ( NYSE:PRU ), and Pension Insurance Corporation (PIC), have entered into their fifth longevity reinsurance transaction ...

  • Prudential talks to buyers for 10 billion pound British annuities book - Sky
    Reuters2 months ago

    Prudential talks to buyers for 10 billion pound British annuities book - Sky

    The company has contacted potential buyers in the last few weeks, Sky News said on Monday. The portfolio would be divided into four parts of between 2-3 billion pounds each, Sky said citing a person briefed on the insurer's plans. Rothesay Life, Legal & General and Pension Insurance Corporation were potential buyers according to the media report.

  • Reuters - UK Focus2 months ago

    Prudential talks to buyers for $13 bln British annuities book- Sky

    Britain's Prudential plans to break up its 10 billion pound British pensions annuities book into four parts, in a move that could see the insurer leave its domestic market, Sky News said. The company has ...

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes