Prudential Financial Inc. said it is considering selling its investment and fund management businesses in Korea.
Prudential, the second-largest U.S. life insurer, said it was exploring options, including a sale, for Prudential Investments & Securities and Prudential Asset Management, both of which are headquartered in Seoul, South Korea.
The company said it plans to hold on to its life insurance business in Korea, Prudential Life Insurance Company of Korea.
(Reporting by Michael Erman; Editing by Jan Paschal)
Copyright 2025 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
Suspects in Louvre Heist in Custody After Week-Long Manhunt 
CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M 
Satellite Data Reveals Hurricane Melissa Damage in Jamaica 
Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24 
