ANNUAL REPORT 2001 - Prudential plc

R
EGG PLC
Launched by Prudential in October
1998, Egg is the UK’s leading e-
commerce financial services brand,
and will be extending its reach into
France and Germany in 2002.
• Prudential completed an Initial Public
Offering of just over a 20 per cent
share of Egg in June 2000.
• Egg plc provides banking, insurance,
investments, mortgages and a
shopping portal through its internet
site and other distribution channels.
• Egg plc has more than two million
customers and employs some 2,200
staff mostly based at its call centres in
Derby and Dudley.
www.egg.com
JACKSON NATIONAL LIFE (JNL)
JNL was acquired by Prudential in
1986. Today, it is one of the top 20 life
insurance companies in the US in terms
of total assets, and has more than 1.5
million policies and contracts in force.
• JNL is a leading provider of fixed,
indexed and variable annuities, term
and permanent life insurance, and
stable value products.
• Headquartered in Lansing, Michigan,
and employing 2,400 people, JNL
markets its products in 50 states
through independent agents, brokerdealers
and financial institutions (in
New York as Jackson National Life
Insurance Company of New York).
• JNL’s investment portfolio is
managed by PPM America Inc.,
which manages some US$57 billion
of US assets.
www.jnl.com
PRUDENTIAL CORPORATION
ASIA (PCA)
Prudential began its first Asian
operations in India in 1923. Today,
it is Europe’s leading life insurance
company in Asia, employing around
5,000 staff and serving more than
2.2 million customers.
• PCA has operations in 12 countries:
China, Hong Kong, India, Indonesia,
Japan, Korea, Malaysia, the
Philippines, Singapore, Taiwan,
Thailand and Vietnam.
These include joint ventures with
some of the region’s leading players,
including:
– Bank of China International
for Mandatory Provident Fund
business in Hong Kong;
– ICICI Ltd (India) for both life
insurance and mutual funds; and
– China International Trust and
Investment Corporation (CITIC)
for life insurance.
• PCA’s distribution is predominantly
through some 60,000 agents, but
also through a growing number of
other distribution channels including
its successful bancassurance
relationship with Standard Chartered
Bank (SCB).
• PCA offers a comprehensive range
of savings, protection and investment
products.
www.prudentialasia.com