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Winterthur to administer Pru&#39s general insurance

The Prudential is set to announce a deal which will see its general insurance division administered by Winterthur.

The deal, which is could be announced as early as today, will see the Prudential receive up to £450m in cash.

A National paper reported today that Winterthur beat off rival bids from Direct Line, Royal & SunAlliance and CGNU.

It will assume responsibility for administering the division, including taking on the staff.


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NU adds its strength to help lift the cap

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Bad image is good for business

W hile other sectors are struggling, current conditions are suiting the Tep market just fine. Times of low interest rates and low equity returns traditionally favour the trading of endowment policies and the market has got further impetus from poor public perception of endowments and regulatory change on the open market option. The Tep market […]


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