Prudential Plc 2378

Prudential Plc 2378

Postby winston » Wed Mar 21, 2018 8:39 am

not vested

Prudential to expand in Asia

by Janice Huang

Prudential Plc (2378) will boost investments to develop its Asian business and expand its investor base in the region going forward, Nic Nicandrou, chief executive of Prudential Corporation Asia, said yesterday.

He said 2017 marked the eighth consecutive year of double-digit growth of the group's business in Asia.

Hong Kong remains a key market for Prudential as it made the largest contribution to new business in the region last year, he said, citing technology and innovation as key enablers of the group's growth strategy.

He said Prudential will invest 300 million pounds (HK$3.29 billion) annually in technology in Asia over the next three years.

About 60 percent of new business are now submitted electronically, Nicandrou said.

Aided by technology, an insurance policy can be issued in 30 minutes in China and within two hours in Hong Kong, Malaysia and Indonesia.

Source: The Standard

http://www.thestandard.com.hk/section-n ... 0321&sid=2
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Re: Prudential Plc 2378

Postby winston » Fri Dec 07, 2018 2:07 pm

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14 Nov, 2018

PRU 9M18 New Business Profit of Life Insurance Up 17%

PRU (02378.HK) announced that the group's new business profit of life insurance for the first nine months of the year advanced 17% at a constant exchange rate, or increased 12% at an actual exchange rate.

During the period, the new business profit of Asia grew 15% at a constant exchange rate, or hiked 9% at an actual exchange rate

Source: AAStocks Financial News
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