Tuesday, September 18, 2012

News Article Collection: Pru Life UK


Here are some news article available online about Pru Life UK.




From Manila Bulletin:

Aimed at providing more investment opportunities for Filipinos, British life insurer Pru Life UK has launched a product that will allow consumers to piggyback on offshore funds from Asian economies.

Antonio G. De Rosas, Pru Life UK president and chief executive said the insurer has introduced the PruLink Asian Local Bond Fund, which is structured as a feeder fund that invests in International Opportunities Fund — Asian Local Bond. Full article at PruLife Launches New Investment Product
By Chino S. Leyco




From Business Mirror:

ASIA is now the single biggest contributor to the operating profits of London-based insurer Prudential Plc, its Philippine unit, Pru Life UK, said on Wednesday.

In Manila, Pru Life President and Chief Executive Officer Antonio de Rosas said the group’s Asian life insurance operations accounted for 34 percent of global profits and equaled 34 percent in 2011 from only 12 percent in 2007.




From Sun Star Bacolod:

What needs to be done?

The Insurance Commission seems to be exclusively concerned about insurance companies meeting its capital requirements. We believe that safety of clients’ money is one of those contexts where size does not matter—at least not too much! What is more important is that the insurance company has respect for the client and employs people who are fit to handle clients’ money. (By Neil Honeyman, An Independent View) Click on the link below to read more.




From Philippine Star:

MANILA, Philippines - Pru Life UK Philippines said its premium income has grown by an average 78 percent over the past three years, capped by the impressive 33.33-percent growth in 2011.

Total premiums last year grew to P10.4 billion from P7.8 billion in 2010 to P10.4 billion. In 2009, premium income was recorded at P3.5 billion.

 The huge leap in premium growth catapulted Pru Life UK from sixth largest insurer in 2009 to fourth in 2010. To read the full article click the link "Pru Life marks impressive 33% growth in premiums"







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