Prudential plc

Prudential plc is a British-domiciled multinational insurance and asset management company headquartered in London and Hong Kong.

[5] The building was designed by Alfred Waterhouse, and is built of terracotta manufactured by Gibbs and Canning of Tamworth (c.1878): two of the same driving forces behind the Natural History Museum in London.

[12][10] Acquisitions included Chestertons Residential and Earl & Lawrence in August 1986,[13] Edward Bailey & Son in January 1987, The Channel Island Estate Agency Property Shop in February 1987, and Rogers & Clark in May 1987.

[17] The collapse of the housing market in the south of England in 1989 brought about a slump in income at Prudential Property Services, which during the first half of 1990 lost £23 million.

[18] The western division of Prudential Property Services was sold to Scottish Widows to join their Connells Estate Agents chain.

[19][20] In 1997, Prudential acquired Scottish Amicable, a business founded in 1826 in Glasgow as the West of Scotland Life Insurance Company, for £1.75 bn.

[22] In June 2000, an initial public offering of 21% was made to allow for further growth of the internet business, but in February 2006 Prudential decided to repurchase the 21% share of Egg.

[27] In October 2004, Prudential launched a new subsidiary, PruHealth, a joint venture with Discovery Holdings of South Africa selling private medical insurance to the UK market.

[30] On 1 March 2010, Prudential announced that it was in "advanced talks" to purchase the pan-Asian life insurance company of AIG, American International Assurance (AIA) for approximately £23 billion.

[37] On 1 May 2015, it was announced that Mike Wells, head of the company's US business, would succeed Tidjane Thiam as CEO, on a pay package worth up to £7.5 million.

[44] The company has two business units:[45] Prudential were the inaugural sponsor of RideLondon, an annual two-day cycling festival, held for the first time in 2013.

Holborn Bars—Traditional home of Prudential