Prudential reported a record operating result in 2016

The British insurer Prudential posted a net profit of 1.92 billion GBP (2.36 billion USD) in 2016, down by 25.6% compared to 2.58 billion USD (3.8 billion USD) in 2015. Operating profit grew nevertheless by 7% to reach a new record of 4.26 billion GBP (5.2 billion USD). This figure exceeded the forecasts of analysts who expected 4.1 billion GBP (5 billion USD).

It is the good performance on the Asian market that mailny drove the results of the first British insurer. This market generated more than half of the group's new sales in 2016, that is 3.6 billion GBP (4.4 billion USD).

More news on

0
Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits