Prudential, HCL's Vama to set up Indian health insurance JV [Yahoo! Finance]
Prudential Public Limited Company (PUK)
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Source: Yahoo! Finance
This move is aimed at addressing the healthcare needs of Indian consumers and aligning with the Indian Government's objective of 'Insurance for All by 2047'. Prudential Group Holdings, a subsidiary of Prudential, will hold a 70% stake in the JV, while Vama Sundari will own the remaining 30%. The proposed health insurance entity will be led by Amar Joshi as the CEO designate. The move is contingent on regulatory approvals. Prudential plc CEO Anil Wadhwani said: “India's growing economy, population and middle class create significant opportunities for growth in its insurance market, especially in the health, savings, protection and retirement sectors. Transforming access to healthcare and increasing insurance penetration are strategic prioritie
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News
- Prudential plc (NYSE: PUK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Prudential Plc (PUK) Q4 2024 Earnings Pre-Recorded Remarks Transcript [Seeking Alpha]Seeking Alpha
- Prudential posts 11% profit growth in 2024, eyes over 10% growth in 2025 [Yahoo! Finance]Yahoo! Finance
- Prudential plc (NYSE: PUK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Prudential plc (PUK) Stock [Seeking Alpha]Seeking Alpha
PUK
Sec Filings
- 4/1/25 - Form 6-K
- 3/31/25 - Form 6-K
- 3/31/25 - Form 6-K
- PUK's page on the SEC website