Asian business helps lift Prudential's H1 earnings

Singapore

UK-BASED insurer Prudential plc has posted a 4 per cent growth in its first-half net profit to £2.12 billion (S$4.63 billion), lifted by its businesses in Asia, the United States and the UK, and its asset management unit.

Operating profit for the group rose 17 per cent on a constant exchange rate to £1.88 billion for the first half of 2015, beating analysts' average expectations of £1.74 billion.