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Modest growth in new business activity for Prudential Singapore

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Published Tue, Mar 14, 2017 · 09:50 PM

Singapore

BRITISH insurer Prudential's new business activity in Singapore measured on an European embedded value (EEV) and constant-exchange-rate basis, was modest in 2016.

The annual premium equivalent (APE), a measure of new-business activity, for its Singapore operations was up a touch by one per cent year-on-year to £351 million (S$603.2 million).

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