Prudential profit rises by 34pc

first_img Show Comments ▼ Prudential profit rises by 34pc whatsapp Tags: NULL Thursday 12 August 2010 2:21 am Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal Past Britain’s largest insurer Prudential reported a better-than-expected 34 per cent rise in first-half operating profit, helped by improving investment returns amid a broader market recovery.Prudential’s operating profit was £1.68bn for the first six months of the year, based on European Embedded Value (EEV) accounting standards, higher than a consensus forecast of £1.54bn and better than the £1.25bn recorded a year earlier.The company reported a 40 per cent rise in net profit of £968m based on International Financial Reporting Standards, beating a consensus forecast of £724m, and better than £688m it posted a year earlier.It also said that its bungled bid to buy AIG’s Asian arm AIA will cost £377m, down from an initial estimate of £450m, thanks to reduced advisory fees and currency fluctuations.The firm raised its half-year dividend by five per cent to 6.61 pence per share. whatsapp John Dunne Sharelast_img

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