Prudential has been paid £155m for the sale of its 25% stake in PruHealth and PruProtect to South African insurance group Discovery.
The deal sees the total value of the protection businesses put at around £620m, and represents Discovery's aim to establish a second home market in the UK. PruHealth and PruProtect will be rebranded...
£1bn business since inception
Considered doing so in 2015
Client communication considerations
Aviva: ‘We are sorry’
FOI from Professional Adviser