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...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected