Prudential Zenith Life Insurance is a prominent life insurance company operating in Nigeria. It was formed after Prudential Group UK acquired a 51% stake in Zenith Life Insurance in 2017[1][3]. As of 2024, Prudential has acquired the remaining shares, taking full ownership of the company[3]. ### Key Features and Operations - Location and Headquarters: Prudential Zenith Life Insurance is based in Lagos, Nigeria[5]. - Parent Company: Prudential plc, a leading global life insurance company, is the parent company of Prudential Zenith Life[1][3]. - Products and Services: The company offers a range of individual and corporate insurance products, including savings and investment plans, endowment, protection products, group life, key-man assurance, credit life, and mortgage protection[3][4]. - Partnerships: Prudential Zenith Life has an exclusive bancassurance partnership with Zenith Bank in Nigeria and Ghana[1][3]. - Revenue and Employees: As of 2024, the company's annual revenue was reported to be $6 million, with approximately 586 employees[1]. ### Recent Developments In September 2024, Prudential plc announced its decision to acquire the remaining shares of Prudential Zenith Life Insurance, marking a significant step in expanding its operations in Nigeria[3]. This move aligns with Prudential's strategy to invest in growth markets across Africa, leveraging its existing partnerships and distribution capabilities[3].