Prudential plc - Business Histories

Business Histories

	Prudential plc The company was originally established in 1848 as the The Prudential Mutual Assurance Investment and Loan Association . Prudential made its first acquisitions in the 1860s and as a result was renamed The British Prudential and Consolidated Assurance Company . More about Prudential plc

	Prudential UK & Europe Insurance Operations Prudential was founded 1848 to provide professional people with loans secured by life assurance. This market broadened during the second half of the nineteenth century when insurance policies - penny premiums collected by agents – were sold to the working classes. Industrial insurance was an insurance innovation. More about Prudential UK & Europe Insurance Operations

	M&G M&G’s long history of innovation began in 1931 when it launched the first unit trust in Britain, the First British Fixed Trust. The idea was brought to Britain by a stockbroker impressed by the way that American mutual funds had withstood the shock of the 1929 Wall Street Crash. The new fund invested in the shares of 24 leading companies and later became the M&G Blue Chip Fund. In 2006 this fund was merged into the M&G UK Growth Fund. More about M&G

	Prudential Corporation Asia Prudential has had a continuous presence in Asia since 1923 and is now the largest UK life insurer in the region. More about Prudential Corporation Asia

	Jackson National Life Insurance Company Jackson National Life Insurance Company – named after Andrew Jackson, the seventh president of the United States – first started business in Jackson, Michigan in 1961. By 1976 the states of California, Washington, Montana, New Mexico, Nebraska, Kansas, Missouri, Indiana and Alabama were included in its operating territory. More about Jackson National Life Insurance Company