Thursday, August 13, 2009
Prudential Leads the Pack
Prudential Chief Executive Mark Tucker is leaving on a high. The U.K.-based life insurer's first-half results comfortably beat market expectations, and Prudential raised its interim dividend in contrast to some of its domestic peers. But a change of CEO won't mean a change in corporate strategy, so the likelihood of Prudential's U.K. business becoming part of Clive Cowdery's consolidation plans for the U.K. life sector remains remote.
Mr. Tucker's strategy to write profitable business rather than maximizing sales is paying off for Prudential...
WSJ: Prudential Leads the Pack
Mr. Tucker's strategy to write profitable business rather than maximizing sales is paying off for Prudential...
WSJ: Prudential Leads the Pack