TITLE

Prudential of U.K. Still Hunting in U.S

PUB. DATE

July 2003

SOURCE

American Banker;7/30/2003, Vol. 168 Issue 145, p13

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

Prudential PLC, the London, England, insurer that lost out to American International Group Inc. in an attempt to buy American General in 2001, will continue to seek an acquisition in the United States. Speaking at a Tuesday news conference following the release of second-quarter results, Jonathan Bloomer, its chief executive officer, said it would not abandon its U.S. expansion efforts. Prudential PLC, which is not related to Prudential Insurance Co. of America in Newark, New Jersey, already owns Jackson National Life Insurance Co. of Lansing, Michigan.

ACCESSION #

10413656

Tags: PRUDENTIAL PLC;  CONSOLIDATION & merger of corporations;  BLOOMER, Jonathan;  INSURANCE companies

 

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