Prudential 9mth new business profit rises 13 pct

November 10, 2015 8:35 AM

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LONDONBritish insurer Prudential's new business profit rose 13 percent to 1.76 billion pounds ($2.7 billion) in the first nine months of 2015, led by strong performance in Asia, but U.S. new business profit fell, the firm said on Tuesday.

Asia new business profit increased 24 percent to 976 million pounds, while new business profit at the U.S. business Jackson fell 4 percent to 557 million pounds.

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