Jan 11, 2009

Prudential In Asia

Prudential Corporation Asia (PCA), comprising both life insurance and fund management operations is part of Prudential plc. Prudential is the region’s foremost European-based life-insurer in terms of market coverage and number of top five market rankings. Its insurance operations span 12 markets – Mainland China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand and Vietnam.

In Asia, Prudential’s fund management business is one of Asia’s largest and most successful fund managers. With over US$ 86 billion in assets under management (as of 31 December 2007), it independently manages assets on behalf of a wide range of retail and institutional investors across the region. It is also a fund manager for life and pension products sold by Prudential plc and Prudential Corporation Asia.

It has an extensive geographic footprint with fund management operations in 10 markets - Mainland China, Hong Kong, India, Japan, Korea, Malaysia, Singapore, Taiwan, Vietnam, and the United Arab Emirates.

Important Facts about PCA (as per 31 December 2007):

* PCA’s total sales based on Annualized Premium Equivalent (APE) is US$ 2.6 billion
* Serves over 9.9 million customers in Asia.
* Employs over 430,000 agents and employees in Asia.

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