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.
Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C 
Insurance Customers Skeptical About AI Processes and Benefits 
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB 
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
