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| Prudential plc | |
 | |
| Type | Public (LSE: PRU, NYSE: PUK) |
|---|---|
| Founded | 1848 |
| Headquarters | London, England |
| Key people | Sir David Clementi, Chairman Mark Tucker, CE |
| Industry | Financial services |
| Products | Financial services |
| Revenue | £35,945 million (2006) |
| Operating income | £2,071 million (2006) |
| Net income | £875 million (2006) |
| Employees | 23,000 |
| Website | www.prudential.co.uk |
Prudential plc (LSE: PRU, NYSE: PUK) is a United Kingdom-based financial services company. The company has over 21 million customers worldwide. As well as the UK arm of its operations it has operations in 12 countries in Asia and owns Jackson National Life in the United States. It is also the majority stakeholder in the Egg internet bank, though as of 29 January 2007 it is reported to be selling Egg to Citigroup.
Within the UK, the company's business includes the sale of pensions, annuities, savings and investments (bonds, ISAs). They are particularly well-known for the sale of with-profit bonds and pensions, corporate pension schemes, bulk annuities and individual annuities. The company left the general insurance (household, car) market in 2002, licensing Churchill Insurance (now part of the Royal Bank of Scotland group) to use the Prudential name.
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Esurance Auto Insurance Glossary - B
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