Prudential PLC (NYSE: PUK) is set to demerge Jackson, its U.S. business unit as a separate entity, the Financial Times reports. The move will break-up the 173-year-old life insurer to focus on Asia.

The good news for Prudential share holders is that insiders were buying at near the current price. In the last twelve months Prudential insiders were buying shares, but not selling. The chart ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prudential is to demerge its US business in the second quarter of the year and raise up to $3bn of fresh ...

LONDON/HONG KONG (Reuters) - Prudential plans to float a minority stake in its U.S. business, Britain's largest insurer said on Wednesday, as it faces demands from rebel investor Third Point for a ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prudential, the UK insurer under pressure from activist hedge fund Third Point, is to sell a $500m stake in ...