Prudential Assurance Company (Singapore)

Prudential Assurance Company Singapore (Pte) Limited
Public Limited
Industry Financial Services
Founded 1931; 86 years ago [1]
Headquarters Singapore
Area served
 Singapore
Key people
 Wilfred John Blackburn (CEO) [2]
Products Life Insurance, Health Insurance, Protection Plans, Savings Plans, Investment Plans
Total assets S$33.88 billion (2016) [3]
Parent Prudential plc
Website www.prudential.com.sg

Prudential Assurance Company Singapore is an indirect wholly owned subsidiary of UK-based Prudential Plc. It provides financial solutions to customers through a multi-channel distribution network, with product offerings in protection, savings and investment. It has S$31.5 billion funds under management as at 31 December 2016. [4]

Prudential Assurance Company Singapore is listed on the Singapore Exchange.

History

Prudential was founded as The Prudential Investment, Loan and Assurance Association in 1848 in London, United Kingdom.[5]

Prudential Singapore started out as an agent for fire insurance in 1924 before it attained full branch status and began operations as the Prudential Assurance Company from 1931.[6]

In 2014, Prudential Singapore was awarded an AA Financial Strength Rating by leading credit rating agency Standard & Poor’s. [7]

See also

References

  1. ↑ "Prudential Assurance Company".
  2. ↑ "Prudential Singapore has new CEO".
  3. ↑ "Annual Report 2016" (PDF).
  4. ↑ "Annual Report 2016" (PDF).
  5. ↑ "Prudential Assurance Company History".
  6. ↑ "Prudential Assurance Company".
  7. ↑ "Prudential Singapore Delivers Another Record-Breaking Performance For 2013".

References

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