Published Date:
21 April 2006
INSURER Prudential has reported a 27 per cent rise in first-quarter sales, boosted by strong business in Asia.
The group is under pressure to show evidence of growth after it rejected a takeover bid from rival Aviva last month, saying the deal did not reflect its growth prospects.
Chief executive Mark Tucker said: "These results show the group has momentum."
New business sales for the first three months of the year totalled £637 million. Sales in Britain rose 17 per cent to £244m.
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Last Updated:
21 April 2006 8:51 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
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Related Topics:
Prudential
