Prudential, which is Britain’s second largest insurer, has today confirmed it is to buy AIA, the Asian arm of US company American International Group (AIG), in a deal worth $35.5 billion (£23.3 billion).In a stock market statement today, Pru said the deal provided it with the opportunity to create South East Asia’s leading insurer. In [...]

More: Prudential in $35.5bn deal with AIA

I think they re prob best trying to make focus on the UK market as a priority. Their UK business isnt exactly booming in the current economy.