PUK News and Press, Prudential Public Limited Company From 08/11/20

Jackson generates pre-tax operating income of $1.3 billion; reports $9.8 billion in sales Jackson National Life Insurance Company ® (Jackson ® ) today announced its half-year financial results, generating $1.3 billion in IFRS pre-tax operating income 2 during the first ha...

HONG KONG and VANCOUVER, British Columbia, July 28, 2020 (GLOBE NEWSWIRE) -- Prudential Corporation Asia (Prudential) and PAI Health today announced that PAI Health’s science-backed activity metric for heart health, known as Personal Activity Intelligence, will be featured in...

Capital will support the company’s long-term commercial diversification strategy Jackson National Life Insurance Company ® (Jackson ® ) today announced the completion of a $500 million equity investment from Athene Holding Ltd. (Athene) (NYSE: ATH) in return for a 9...

Financial professionals reveal clients may face a significant risk of depleting their retirement savings Jackson National Life Insurance Company ® (Jackson ® ) and the Insured Retirement Institute (IRI) today announced results from a new research study that was fielded i...

Nova LifeStyle (NASDAQ: NVFY ) +105% . More news on: Nova LifeStyle, Inc., TDH Holdings, Inc., Rexahn Pharmaceuticals, Inc., Stocks on the move, , Read more ...

Jackson National Life Insurance, an indirect subsidiary of Prudential (NYSE: PUK ), has entered into an agreement with Athene Holding (NYSE: ATH ) to fully reinsure $27.6B of Jackson’s in-force book of fixed and fixed index annuity liabilities. More news on: Prudential p...

Agreement includes a $27.6 billion¹ reinsurance of Jackson’s fixed and fixed index annuity liabilities alongside a $500 million equity investment, which will support Jackson’s long-term commercial diversification strategy Jackson National Life Insurance Company &#x...

Several U.K. banks with big exposures in Hong Kong slide after China confirms that it plans to essentially bypass the city's legislature to impose national security laws on former British colony. More news on: HSBC Holdings plc, Prudential plc, Compagnie Financière Richemont SA, Finan...

Third Point's Offshore Fund took a hit in Q1, it notes, in part because it underestimated not only the pandemic but also how its exposure to aerospace, airlines and autos would suffer. More news on: Raytheon Technologies Corporation, Airbus SE ADR, Air Canada, Notable Calls, Financial stoc...

As David Herro wrote in his lead letter , it was a difficult quarter for global markets and the Oakmark International Fund (OAKIX) was not exempt. The Fund declined 38.1% for the quarter ended March 31 compared to the MSCI World ex U.S. Index, which lost 23.3%. Since the Fund's inception in S...