Britain’s No.1 insurer Prudential Plc on Thursday said it will buy life insurer SRLC America Holding Corp. from Swiss Re AG for 398 million pounds in cash.
It said the purchase would be made through Prudential’s U.S. subsidiary Jackson National Life Insurance Co.
Trading in Hong Kong-listed shares of Prudential was suspended earlier on Thursday pending the release of price-sensitive information, the Hong Kong stock exchange said.
Prudential last closed down 1.6 percent at HK$82.80 in Hong Kong and its London-listed shares closed down 3 percent at 673 pence.
Copyright 2026 Reuters. Click for restrictions.
Topics USA
Was this article valuable?
Here are more articles you may enjoy.
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
