Has your Insurance Company given you assurance?

[pia]

Prudential has on its website, though specifically mentioning that their exposure is insignificant to the ML, Lehman and AIG crisis. Can't say it's convincing enough. Would be if they say exposure to the global credit crisis. But what to do? So far at least safe for now. I'm vested so hope they are really prudent as their name suggests

Statement
Lehman, Merrill Lynch, AIG Crisis
Prudential Singapore wants to assure policyholders that the Prudential Group is in a strong and healthy position. Ours is a long-term business, and one that has been, and will continue to be, managed for the long-term benefit of our customers.

Our life insurance business is not directly linked to the issues currently affecting the market. With regards to Lehman, Merrill Lynch and AIG stocks, Prudential’s exposure is insignificant in the context of the Group’s total assets under management.

 

[no_faith]

the funny thing is prudential name was not mentioned in the turmoil recently why sudden pose a statment?

juz resume ur daily business.

 

[pia]

the funny thing is prudential name was not mentioned in the turmoil recently why sudden pose a statment?

I guess that'll be the question on all insurance policy holders after the AIA debacle. Sort of to prevent long queues at their offices. I'm sure some ah peks and ah mgs would have made visits there.