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In October 2004, Prudential launched a new subsidiary, PruHealth, a joint venture with Discovery Holdings of South Africa selling private medical insurance to the UK market. [28] In April 2008, Prudential outsourced its back office functions to Capita: about 3,000 jobs were transferred (1,000 in Stirling, 750 in Reading and 1,250 in Mumbai). [29]
The Prudential Regulation Authority (PRA) is a United Kingdom financial services regulatory body, formed as one of the successors to the Financial Services Authority (FSA). [1][2][3] The authority is responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms.
Website. vitality.co.uk. Vitality is a United Kingdom-based company offering private health insurance and life insurance to the UK market. It has approximately 1.7 million members (June 2023 figures). The company is a subsidiary of Discovery Limited, a South Africa -based financial services group listed on the Johannesburg Stock Exchange (JSE).
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest ...
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).
In 2006, Wood's work in re-establishing Prudential plc as a leader in the UK insurance market became the subject of a case study by the International Institute for Management Development. [ 4 ] In 2005 he founded and became chief executive of Paternoster; a regulated insurance company that takes on the risks associated with companies’ final ...
The Scottish Amicable Life Assurance Society, commonly known as Scottish Amicable, was founded in Glasgow in 1826 and became the sixth largest mutual life assurance institution in the UK with 1.9 million policy holders in the mid-1990s. After Scottish Amicable announced a plan to demutualise the company in early 1997, a bidding war, which also ...
Website. aia.com. AIA Group Limited, [3] often known as AIA (Chinese: 友邦保險; pinyin: Yǒubāng Bǎoxiǎn; Jyutping: Jau5 bong1 bou2 him2), is a Hong Kong–based multinational insurance and finance corporation. It is the largest publicly traded life insurance group in the Asia-Pacific region. It offers insurance and financial services ...