Founded in 1848, Prudential plc is an international retail financial services group providing life insurance and asset management service to millions of customers worldwide. It has significant operations in Asia, the US and the UK.
Prudential plc is one of the world’s largest life insurance companies, with £363 billion assets under management across the Group (as at 30 June 2012) and provide products and services to more than 25 million customers worldwide.
Financial Highlights of Prudential plc
Prudential plc delivered very strong 2011 full year results*
- New Business APE was £3,681 million, up 6%
- European Embedded Value New Business Profit was £2,151 million, up 6%
- European Embedded Value Operating Profit1 was £3,978 million, up 8%
- IFRS Statutory Operating Profit was £2,070 million, up 7%
- Estimated Insurance Groups Directive Capital Surplus was £4 billion; solvency requirements covered 2.75 times
- 2011 full year dividend increased by 5.6% to 25. 19 pence per share
Prudential Hong Kong
The Prudential Assurance Company Limited, Hong Kong Branch (“Prudential Hong Kong”) was established in 1964. Today we are a leading provider of life insurance, retirement, health and protection products and services. Prudential Hong Kong has a well-established presence in Hong Kong’s life insurance, general insurance, group insurance and employee benefit and investment products markets.
Prudential Hong Kong has over 6,000 financial consultants, executive financial services managers and staff in Hong Kong, most of whom are tertiary educated. All of our financial consultants and executive financial services managers have undergone comprehensive and intensive training and are committed to delivering professional and quality service to our customers.
Prudential partnered with Hong Kong’s leading banks on the distribution of life insurance, investment-link, savings, protection and general insurance products.
Prudential Hong Kong also formed a joint venture partnership in 1999 with Bank of China International (BOCI) to provide mutual funds and investment services under the Hong Kong Mandatory Provident Fund Scheme.
Caring for the community
Prudential Hong Kong is committed to giving back to the local community through a wide array of voluntary services provided by our volunteers, charitable donations and sponsorship programmes. We actively promote financial management training for the youth, and participate in caring services for the most needy sectors including senior citizens. We are also supportive of worthwhile corporate social responsibility cuases to contribute to the well-being of the Hong Kong community.
Prudential Hong Kong has received the Caring Company Logo award from the Hong Kong Council of Social Service for eight consecutive years, in recognition of its long-standing contribution to social services and caring spirit for the community.
* as at 31 December 2011