The international insurance business department is mainly represented by life insurance planners, providing life insurance products to high-end retail markets outside the United States. In addition, as part of the business of Gibraltar Life Insurance Company, our international insurance department also provides similar products and services to the vast middle class market and groups in Japan through life consulting companies. The International Insurance Department belongs to the International Department of Prudential Financial Group.
The International Investment Business Department provides services including property and non-property asset management, investment consulting and product selection for high-end customers, retail customers and institutional customers in specific international markets. These services are provided through the sales network of the Group itself and third parties. The International Investment Department is also affiliated to the International Department of Prudential Financial Group.
Prudential's investment management business in Asia includes listed securities, public and private fixed income bonds and real estate investment management. These businesses belong to the investment department of Prudential Financial Group. Based on the total assets managed in the world as of June 65438+February 2004, Prudential was awarded the title of Pension &; Investments) was rated as 12 the largest institutional asset management company in the world.
Pricoa Enterprise Relocation Business Unit is a full-service migration management company, providing a variety of solutions to help corporate customers around the world recruit, retain and relocate employees. From the preparation before departure to the return of employees, the company can provide corresponding logistics services. The International Investment Department is also affiliated to the International Business Department of Prudential Financial Group. Insurance-The Beijing Representative Office of Prudential Insurance Company of the United States was established on 1998, which is mainly responsible for the research of the insurance market in China, and establishing contacts with the regulatory agencies and major commercial organizations in China.
Investment-Everbright Prudential Fund Management Co., Ltd., headquartered in Shanghai, is a joint venture between Everbright Securities Co., Ltd., a subsidiary of China Everbright Group, and the International Investment Business Department of Prudential Financial Group. The joint venture company was established in April 2004. At present, its main business is to manage the fund in China.
Enterprise Migration Service-Preco Consulting (Shanghai) and Hong Kong Preco Enterprise Migration Service Co., Ltd. are all-round migration management service companies, helping corporate customers around the world to recruit, retain and migrate employees. Insurance-UK Prudential Life Insurance Company Limited (POT) Taiwan Province Branch provides on-demand life insurance products through a sales team composed of more than 500 life insurance planners. In 2004, according to the statistics of Taiwan Province Life Insurance Association (LIA), POT's 13-month and 25-month life insurance contracts have the highest renewal rate and average effective contract amount in Taiwan Province province. In 2004, the number of members of POT's Million Round Table (MDRT) was among the best in the industry.
Asset Management-Prudential Financial Securities Investment Trust (PF SITE) is a leading fund management company in Taiwan Province Province. As of August 3rd, 2005, the total assets managed by the company reached NT$ 60.3 billion (about US$ 0.82 billion). PF SITE sells funds through its own channels, banks and brokers. There are 20 funds managed by PF SITE, including 8 local securities funds, 1 local balanced funds, 2 local fixed income funds, 2 FOF funds and 7 overseas funds.
Corporate Relocation Services-Preco Corporate Relocation Asia Limited helps local corporate clients recruit, retain and relocate employees around the world.