The Business Times
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Prudential's nine-month new business profit up 17% at £1.51b

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Published Tue, Nov 18, 2014 · 09:50 PM

Singapore

BRITISH life insurer Prudential has posted a 17 per cent increase in new business profit for the first nine months of the year to £1.51 billion, on the back of higher sales in its three life insurance businesses.

In Asia, the insurer's new business profit for the nine months rose 15 per cent to £775 million on a constant exchange rate basis. This, as it was driven by annual premium equivalent (APE) sales, which comprise regular premium sales and one-tenth of single premium insurance sales.

Prudential

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