Prudential Singapore

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Prudential Assurance Company Singapore (Pte) Limited
Company typePublic Limited
IndustryFinancial Services
Founded1931; 86 years ago [1]
Headquarters
Singapore
Area served
Singapore
Key people
Dennis Tan (CEO) [2]
ProductsLife Insurance, Health Insurance, Protection Plans, Savings Plans, Investment Plans
Total assetsS$33.88 billion (2016) [3]
ParentPrudential plc
Websitewww.prudential.com.sg

Prudential Singapore also known as Prudential Assurance Company Singapore (Pte) Ltd is an indirect wholly owned subsidiary of UK-based Prudential Plc. It uses 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 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]

References

  1. ^ "Prudential Assurance Company".
  2. ^ "Prudential Singapore appoints former OCBC banker Dennis Tan as new CEO".
  3. ^ "Annual Report 2016" (PDF).
  4. ^ "Annual Report 2016" (PDF).
  5. ^ "Prudential Assurance Company History".
  6. ^ "Prudential Assurance Company".
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