PRU.L - Prudential plc

LSE - LSE Delayed price. Currency in GBp
1,830.00
-6.50 (-0.35%)
As of 8:07AM GMT. Market open.
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Previous close1,836.50
Open1,830.50
Bid1,830.00 x 664800
Ask1,831.00 x 208800
Day's range1,830.00 - 1,834.50
52-week range1,524.00 - 1,933.50
Volume38,077
Avg. volume4,924,666
Market cap47.115B
Beta1.34
PE ratio (TTM)17.13
EPS (TTM)106.80
Earnings date8 Mar 2016 - 14 Mar 2016
Forward dividend & yield0.58 (2.54%)
Ex-dividend date2017-08-24
1y target est2,076.22
  • Prudential courts bidders for £13bn sale of UK annuities
    Sky News7 days ago

    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.

  • Reuters23 days 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 Focus23 days 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.

  • Reuters27 days 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.

  • Reuters28 days 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 Focus28 days 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.

  • Reuters28 days 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 ...

  • Reuters28 days 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 ...

  • Why I’d buy Experian plc and Prudential plc for my pension
    Fool.co.uk29 days ago

    Why I’d buy Experian plc and Prudential plc for my pension

    Edward Sheldon picks out two stocks that he believes have considerable long-term potential - Experian plc (LON: EXPN) and Prudential plc (LON: PRU).

  • Business Wirelast month

    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 Wirelast month

    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 ...

  • 2 blue-chip stocks I’d buy for a starter portfolio
    Fool.co.uklast month

    2 blue-chip stocks I’d buy for a starter portfolio

    These blue-chip stocks offer double-digit growth, impressive income and attractive valuations.

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

    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 Focuslast month

    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 ...

  • Prudential Financial posts profit gain on rising markets
    Reuterslast month

    Prudential Financial posts profit gain on rising markets

    By Suzanne Barlyn (Reuters) - Prudential Financial Inc (PRU.N) reported an 11 percent rise in adjusted quarterly operating profit on Wednesday, beating Wall Street's expectations, as rising market values ...

  • Reuters - UK Focuslast month

    Prudential's U.S. life business enters private wealth market

    Prudential Plc (SES: K6S.SI - news) 's U.S. life insurance business Jackson has set up a private wealth and trust arm to manage the investments and finances of very wealthy clients. Jackson National Life Insurance Company, which provides retirement products and income strategies for clients in the United States, said it had created an investment-only, tax-deferred variable annuity for trusts and private banks. The Lansing, Michigan-based company said the product could be used by portfolio managers and trust officers to help high and ultra high-net-worth individuals in tax planning.

  • Business Wirelast month

    Jackson Enters Private Wealth and Trust Market

    Jackson National Life Insurance Company® today announced the formation of its Private Wealth & Trust group, a specialized team focused on complex planning, investment management and tax mitigation strategies for high-net-worth and ultra high-net-worth families.

  • Reuters - UK Focuslast month

    UK insurers face bigger compensation pot contribution

    LONDON, Oct (Shenzhen: 000069.SZ - news) 30 (Reuters) - Britain's markets watchdog flagged a shift on Monday towards a "polluter pays" model of compensation by forcing insurers to pay more into a pot for consumers out of pocket. The Financial Conduct Authority (FCA) opened a public consultation on proposals that would force firms that design risky products to put more cash into the Financial Services Compensation Scheme (FSCS). Much of the recent pressure on the FSCS has come from claims in the life insurance, pensions and investment advice sectors.

  • Fool.co.uk2 months ago

    2 FTSE 100 stocks I’d buy and hold for 10 years

    Royston Wild reveals two FTSE 100 (INDEXFTSE: UKX) shares that investors could buy now and love forever.

  • The Wall Street Journal2 months ago

    [$$] Prudential Unit Seeks £2.5 Billion of Infrastructure Capital

    M&G Infracapital, part of savings company Prudential, is closing in on more that £1 billion to invest in preconstruction infrastructure projects and eyeing a further £1.5 billion for operational infrastructure...

  • Business Wire2 months ago

    Jackson Releases Statement for National Retirement Security Week

    Jackson National Life Insurance Company® today released the following statement in support of National Retirement Security Week on behalf of Barry Stowe, chairman and chief executive officer of the North American Business Unit of Prudential plc, Jackson’s parent company.

  • Reuters2 months ago

    Prudential seeks sale of Vietnam consumer finance unit for up to $150 million - sources

    HONG KONG/SINGAPORE (Reuters) - Prudential Plc (PRU.L) has kicked off the sale of its Vietnam consumer finance unit, which could fetch up to $150 million (113.06 million pounds), as the UK firm sharpens focus on its core insurance business in the Southeast Asian nation, people familiar with the process said. An adviser has been appointed as part of the sale process of Prudential Vietnam Finance Company Ltd, which is in an early stage, two of the sources said.

  • Reuters2 months ago

    FTSE lags Europe in September

    Britain's FTSE signed off September with a monthly loss on Friday, underperforming continental peers in a month that saw sterling shoot to its highest level since the Brexit vote. The FTSE 100 (.FTSE) index ended Friday's session 0.7 percent higher at 7,372.76 points, however, as GDP data showing that UK growth slowed to a four-year low in the second quarter put pressure on sterling on the day. While the disappointing GDP data stoked doubts as to whether the Bank of England would raise rates at its next meeting in November, recent hawkish rhetoric from the central bank has supported the pound.

  • Reuters - UK Focus3 months ago

    Direct Line appoints Prudential executive as CFO

    Britain's Direct Line Insurance Group said on Friday it had appointed Penny James, head of risk at insurer Prudential, as chief financial officer. James will succeed John Reizenstein as CFO on March 1, ...

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