Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Mar 2024

Hong Kong: UK's Prudential to change main regulator

Source: Asia Insurance Review | Sep 2018

Hong Kong Life & Health Regulation

The UK’s largest listed insurance group, Prudential, will change its main regulator to the Hong Kong Insurance Authority after it spins off its UK business. 
 
Currently, the group is supervised by the UK’s Prudential Regulation Authority, but the separation will mean the remaining business will consist of operations in Asia, Africa and the US. 
 
The group announced in March that it would demerge its UK business, called M&G Prudential. The split is likely to take place in 2020. 
 
Despite the change in regulator, Prudential will remain domiciled and listed in the UK and its head office will be in London. A 
 
| Print
CAPTCHA image
Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 

Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.