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Prudential unveiled plans to boost growth and profits in its Asian markets yesterday, underscoring its belief in the region's potential following its abortive attempt to acquire AIA, the local arm of the American International Group (AIG), earlier this year.
Outlook There has been a sudden change of tack from John Tiner, chief executive of Resolution. Since this endeavour first floated two years ago next month, its ambition has been to build a portfolio of British life insurance businesses worth £10bn. Having got almost two-thirds of the way with the acquisitions of Friends Provident and the UK life business of Axa, a third big buy has been promised and is keenly awaited. Yesterday, however, Mr Tiner said the company might now opt for a series of smaller deals to achieve its goals and that another big takeover was not inevitable.
So he's still in a job then?
The London Stock Exchange could be poised for at least two major fund management flotations as insurers consider partial sales of their asset management arms.
A grand city stay with star quality
Drivers who need to change or cancel their motor insurance are being hit by unnecessary charges.
In these risk-averse times, a 46-year-old woman with two children wants to know how to prepare for the long-term future. Harriet Meyer reports
Independence Day means a lot in this historic American city – and there's plenty more besides, from 'Cheers' bars to tasty clam chowder.
The credit crunch is at least helping people about to retire – but it won't be for long, says James Daley
It is not the usual stuff of celluloid blockbusters – a quirky "dramedy" about two twenty-somethings in the 1970s who work as building society clerks in the dull suburban surrounds of Reading. Then again, nobody thought that about a comedy set in an office in Slough either.
Actuaries have more fun than you might think – including global travel