If all goes as planned, Prudential International Assurance Plc (PIA) will be the main insurer of British insurance giant Prudential Plc in the European Union.
Prudential’s European operations are currently split between PIA and its parent company The Prudential Assurance Company Limited (PAC). However, following the UK’s vote to leave the EU and the insurer’s subsequent review of its operations across the continent, Prudential has decided in favour of consolidation.
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