Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Pru Eyes Korean Operations

Your article was successfully shared with the contacts you provided.

Prudential Financial Inc. says it wants to keep its life insurance business in Korea but might part with investment and fund management businesses in that country.

Prudential, Newark, N.J., is “currently exploring options with regard to” the Korean investment businesses, the company says.

Prudential could end up selling Prudential Investments & Securities Company Ltd., Seoul, or Prudential Asset Management Company Ltd., Seoul, or both, the company says.

The Prudential life business in Korea, which is not involved in the exploration of options, is the Prudential Life Insurance Company of Korea Ltd., Seoul.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.