The company has contacted potential buyers in the last few weeks, Sky News said on Monday. http://bit.ly/2h6AcRL
The portfolio would be divided into four parts of between 2-3 billion pounds each, Sky said citing a person briefed on the insurer's plans.
Rothesay Life, Legal & General and Pension Insurance Corporation were potential buyers according to the media report.
A spokesman for Prudential said the insurer does not "comment on market rumour and speculation".
(Reporting by Noor Zainab Hussain in Bengaluru, editing by Louise Heavens)