Prudential Assurance Company (Singapore)

Last updated
Prudential Assurance Company Singapore (Pte) Limited
Type Public Limited
IndustryFinancial Services
Founded1931; 86 years ago [1]
Headquarters
Singapore
Area served
Singapore
Key people
Dennis Tan (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 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]

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References

  1. "Prudential Assurance Company". Archived from the original on 2017-05-27. Retrieved 2017-05-25.
  2. "Prudential Singapore appoints former OCBC banker Dennis Tan as new CEO". Archived from the original on 2021-01-08. Retrieved 2021-01-07.
  3. "Annual Report 2016" (PDF). Archived (PDF) from the original on 2017-12-01. Retrieved 2017-05-25.
  4. "Annual Report 2016" (PDF). Archived (PDF) from the original on 2017-12-01. Retrieved 2017-05-25.
  5. "Prudential Assurance Company History". Archived from the original on 2017-05-27. Retrieved 2017-05-25.
  6. "Prudential Assurance Company". Archived from the original on 2017-05-27. Retrieved 2017-05-25.