The Traderszone Network

Published in TZ Latest News 11 August, 2015 by The TZ Newswire Staff

Prudential profits jump 17 percent on Asia, UK growth

Prudential (PRU.L) posted a forecast-beating 17 percent rise in first-half operating profit on Tuesday, boosted by strong performances across its Asian, U.S. and UK life and asset management businesses. In its first earnings update since Mike Wells took over as chief executive, Britain’s biggest insurer said its operating profits jumped to 1.9 billion pounds, beating an average forecast of 1.74 billion from analysts polled by the company. Wells, who relocated to London from the company’s U.S.

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