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BANGKOK -- U.K.-based Prudential PLC has agreed to acquire the life-assurance unit of Thailand's Thanachart Bank for $585 million, underscoring the keen interest among global insurers and ...
Thanachart Life Assurance Co Ltd is a top-10 life insurer in Thailand with around 1 million in-force policies, and the deal will immediately double Prudential Thailand's market share, Prudential ...
Thanachart Capital Public Company Limited is ... It is also engaged in the provision of life and non-life insurance policies, as well as real estate operations and asset management.
As part of the deal Prudential has also bought Thanachart Life Assurance Company. A statement from Prudential late last night said that the firm, through its subsidiary Prudential Life Assurance ...
The Pru said it would pay as much as £368m in cash for Thanachart’s life assurance business, strengthening its position in a country where it has had only a limited presence. Thailand has ...
Thanachart Bank (TBank) is considering the sale or merger of its two life insurance affiliates. The bank combined with Siam City Bank last year, and the new entity was left with two insurance ...
British insurer Prudential will pay $585 million to buy the insurance unit of Thailand’s Thanachart Bank, in the latest twist and turn in the competition among global insurers to capture the growing ...
Insurance goliath Prudential has entered into a long-term exclusive bancassurance partnership in Thailand with Thai firm Thanachart ... Pru buying the Thanachart Life Assurance Company from ...
HONG KONG, Nov 5 (Reuters) - Prudential plc said on Monday it would buy 100 percent of Thanachart Life Assurance Co Ltd, a wholly-owned life insurance subsidiary of Thanachart Bank for a total of ...
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