Pru Life UK’s dedication to excellent governance is symbolized by four golden arrows

The Institute of Corporate Directors (ICD) awarded Pru Life UK the coveted Four Golden Arrow award, demonstrating its unwavering dedication to corporate governance excellence. This honor also demonstrates the company’s leadership in the insurance industry, which is demonstrated by its commitment to accountability, transparency, and regulatory compliance.

The top Philippine publicly traded and insurance firms in terms of corporate governance were honored at the Golden Arrow Awards, which were recently hosted at Okada Manila in Parañaque City. As part of the 2024 ASEAN Corporate Governance Scorecard (ACGS) and the Corporate Governance Scorecard (CGS) assessment results, Pru Life UK has been recognized for the ninth time in a row this year, along with 25 other insurance businesses.

“We are grateful for this recognition from the Institute of Corporate Directors, which also demonstrates our consistent efforts in fostering shareholder engagement and sustainable business practices,” said Atty. Donna Mendoza, Vice President for Legal of Pru Life UK. “This award further inspires us to uphold world-class corporate governance standards and provide responsible and ethical services.”

The rights and fair treatment of shareholders, timely disclosure, and strategic and efficient board monitoring are just a few of the important areas in which the ACGS evaluates business performance. The framework, which consists of 193 assessment questions based on publicly accessible disclosures on the companies’ websites, seeks to improve governance standards and draw investors to the region’s well-run businesses.

Pru Life UK is unwavering in its commitment to assisting Filipino families in achieving financial stability through creative insurance and investment solutions, even as it continues to promote best practices in corporate governance.

Notes:

*New Business Annual Premium Equivalent (NBAPE) – premium for a new policy paid in a year