Prudential was founded as The Prudential Investment, Loan and Assurance Association on 30 May 1848 in the premises of Messrs. Hanslip & Manning, solicitors, at 10 Hatton Garden, London. After establishing a strong position in the United Kingdom in 1921, Prudential sought expansions overseas by opening its first eastern operations in India in 1923. In Singapore, Prudential started out as an agent for fire insurance for the first seven years before it attained full branch status and operated as the Prudential Assurance Company in 1931.
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