OverviewSuggest Edit

Prudential is an international financial services group and life and pensions provider. The Company's expertise lies in areas such as longevity, risk management and multi-asset investment. It offers health, disability, critical illness and accident coverage products, life insurance products, as well as pension products and annuities. In addition, Prudential provides long-term savings and retirement products, fixed index and variable annuities and institutional products, including guaranteed investment contracts, funding agreements and medium-term note funding agreements.

TypePublic
Founded1848
HQLondon, GB
Websiteprudential.co.uk
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)21,877(-4%)
Job Openings3
Revenue (FY, 2018)£24.9 B(-71%)
Share Price (May 2020)£1 K(-3%)

Key People/Management at Prudential

Paul Manduca

Paul Manduca

Chairman and Chairman of the Nomination & Governance Committee
Mike Wells

Mike Wells

Group Chief Executive, Director
Ca Mark Fitzpatrick

Ca Mark Fitzpatrick

Group Chief Financial Officer and Chief Operating Officer
James Turner

James Turner

Group Chief Risk and Compliance Officer
Kai Nargolwala

Kai Nargolwala

Independent Non-Executive Director and Member of the Remuneration and Risk Committees
Jolene Chen

Jolene Chen

Group Human Resources Director
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Prudential Office Locations

Prudential has offices in London, Reading and Dublin
London, GB (HQ)
1 Angel Ct
Reading, US
Reading, PA, USA
Show all (3)

Prudential Financials and Metrics

Prudential Revenue

Prudential's revenue was reported to be £24.93 b in FY, 2018
GBP

Revenue (FY, 2018)

24.9b

Net income (FY, 2018)

3.0b

Market capitalization (29-May-2020)

27.3b

Closing stock price (29-May-2020)

1.0k

Cash (31-Dec-2018)

12.1b

EV

27.8b
Prudential's current market capitalization is £27.3 b.
Annual
GBPFY, 2016FY, 2017FY, 2018

Revenue

71.8b86.6b24.9b

Revenue growth, %

74%20%

Cost of goods sold

59.4b72.5b

Gross profit

12.5b14.0b
Half Year
GBPH1, 2017

Revenue

43.0b

Cost of goods sold

35.4b

Gross profit

7.6b

Gross profit Margin, %

18%
Annual
GBPFY, 2016FY, 2017FY, 2018

Cash

10.1b10.7b12.1b

Accounts Receivable

11.1b

Current Assets

49.8b

PP&E

743.0m789.0m1.4b
Half Year
GBPH1, 2017

Cash

9.9b

PP&E

727.0m

Goodwill

1.5b

Total Assets

481.1b
GBPFY, 2016FY, 2017

Net Income

1.9b2.4b

Cash From Operating Activities

2.2b1.6b

Purchases of PP&E

(348.0m)(134.0m)

Cash From Investing Activities

816.0m
GBPY, 2018

Revenue/Employee

1.1m

Debt/Equity

0.7 x

Financial Leverage

29.5 x
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Prudential Operating Metrics

Prudential's Customers was reported to be 26 m in FY, 2017. Prudential's Assets Under Management was reported to be £669b in FY, 2017.
FY, 2014FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017

Customers

24 m24 m24 m26 m

Assets Under Management

£562.30 b£602.30 b£634.90 b£669 b

Net Earned Premiums

£17.39 b£36.96 b£21.16 b£41.94 b

Bank Branches

10.20 k10.18 k
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Prudential Acquisitions / Subsidiaries

Company NameDateDeal Size
Assurance IQSeptember 05, 2019$2.35 b

Prudential Revenue Breakdown

Embed Graph

Prudential revenue breakdown by business segment: 48.7% from Investment return , 48.5% from Earned premiums, net of reinsurance and 2.8% from Other

Prudential Online and Social Media Presence

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Prudential News and Updates

London Markets: HSBC and Prudential drag down London stocks as investors eye U.S.-China tensions

London stocks came under pressure on Friday, putting a stop to a string of winning sessions as investors waited to hear what President Donald Trump will say about China at a planned press conference later.

Prudential to sell Prudential of Korea for $1.9 billion

Prudential Financial Inc. said Friday that it has agreed to sell its Prudential Life Insurance Company of Korea Ltd. business for 2.3 trillion Korean won, or $1.9 billion, to KB Financial Group Inc. The deal is expected to close by the end of 2020. "This transaction is consistent with Prudential Fi…

KB Financial Group acquires Prudential Financial's S.Korean unit for $1.89 bln

KB Financial Group Inc has signed a share purchase agreement to buy a 100% stake in U.S. Prudential Financial Inc's South Korean unit for 2.3 trillion won ($1.89 billion), the group said in a filing on Friday.

Insurance giant Prudential to float stake in US business

Insurance giant Prudential has confirmed it will float a stake in its US unit following pressure from an activist hedge The post Insurance giant Prudential to float stake in US business appeared first on CityAM.

Activist investor calls for Prudential break-up

Hedge fund manager Dan Loeb has called for the breakup of insurance company Prudential after taking a near $2bn (£1.5bn) The post Prudential faces break up calls from Dan Loeb's Third Point appeared first on CityAM.

Exclusive: Prudential eyes full control of China venture, considers U.S. options

Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China's CITIC and is considering selling some or all of its U.S. business to sharpen its focus on Asia, a source told Reuters.
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Prudential Frequently Asked Questions

  • When was Prudential founded?

    Prudential was founded in 1848.

  • Who are Prudential key executives?

    Prudential's key executives are Paul Manduca, Mike Wells and Ca Mark Fitzpatrick.

  • How many employees does Prudential have?

    Prudential has 21,877 employees.

  • What is Prudential revenue?

    Latest Prudential annual revenue is £24.9 b.

  • What is Prudential revenue per employee?

    Latest Prudential revenue per employee is £1.1 m.

  • Who are Prudential competitors?

    Competitors of Prudential include Aflac, Brighthouse Financial and Voya Financial.

  • Where is Prudential headquarters?

    Prudential headquarters is located at 1 Angel Ct, London.

  • Where are Prudential offices?

    Prudential has offices in London, Reading and Dublin.

  • How many offices does Prudential have?

    Prudential has 3 offices.