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Wednesday, 21 January 2009

Prudential's interview with The Star

Some of the points raised in Prudential's interview with The Star are listed below:

  • Consumer confidence is impacted and expected to recover in 3 to 6 months' time.
  • Insurance industry is recession-proof.
  • No drastic increase in cancellation rate at Prudential.
  • Prudential has successfully switched to RBC on 1.1.2009.
  • Key strategies: brand promise, transformation of agency force to wealth planners, innovative products.
  • Strategic alliances more likely than M&A in the industry.

Source: The Star

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