Insurer Prudential logs 12% rise in first-quarter profit
The logo of British life insurer Prudential is seen on their building in London, Britain March 17, 2019. REUTERS/Simon Dawson
Prudential PLC on Wednesday reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefited from strong performance from all its segments.
The London and Hong Kong dual-listed company posted new business profit, on a traditional embedded value basis, of $608 million for the three months ended March 31.