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Asia-focused insurer says new Hong Kong business profits fell 31% in the first half of 2022
New head to be based in Hong Kong as insurance group concentrates on Asia
FTSE 100 life insurance group with dual headquarters plans to increase share of head office staff in territory
Incoming interim boss Mark FitzPatrick says two-week hotel quarantine creates ‘friction’
Insurer seeks a China-focused leader as the territory falls into Beijing’s grip
Move will cement dual-listed insurer’s shift to region following radical shake-up under outgoing CEO
Equity issue comes after London-based group spun off its US business
The insurer faces tensions over its UK-Asia structure after demerger of US business
Companies analysis from our sister publication
Insurer says no plans to ditch London base after restructuring
The purchase by KKR’s head of Asia-Pacific shows confidence in insurer’s Asia strategy
UK-based insurer plots digital future in Asia as it presses ahead with demerger
Former chancellor’s latest role prompts questions in the Square Mile
Lockdown cocktails help shake up world’s biggest distiller; rejigged US split plan leaves Prudential looking wounded
Move will complete break-up of 173-year-old life insurer
Decision clears way for insurers to rid themselves of old businesses
Asset manager has suffered heavy investor withdrawals and a worse share price fall than rivals
Mike Wells gives shareholders a definitive answer on the group’s geographic structure
Move will allow UK’s largest insurer to focus on Asia and Africa
US annuities specialist shows that, even in an unsettled world, it is not afraid to be aggressive
Deal comes amid pressure from activist investor Third Point and values Jackson unit at $4.5bn
Insurer says drop-off in business from mainland China has hurt Hong Kong operations
Divestment of partnership addresses FWD Group’s antitrust issues amid rapid expansion
Breaking up the UK listed insurer will take years and shareholders are likely to be left with crumbs
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