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Last Updated : Mar 14, 2018 02:45 PM IST | Source: PTI

UK insurer Prudential says to split into two

The demerger will create M&G Prudential, a savings and investment provider for UK and Europe, and Prudential plc, which will focus on insurance opportunities in Asia, the United States and Africa, the company said in a statement.

British insurance giant Prudential announced today that it will split into two separate companies, with one focused on asset management and the other on insurance.

The demerger will create M&G Prudential, a savings and investment provider for UK and Europe, and Prudential plc, which will focus on insurance opportunities in Asia, the United States and Africa, the company said in a statement.
First Published on Mar 14, 2018 02:36 pm
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