by Amruth Sundarkumar | Aug 11, 2022 | Corporates, Global
UK-based insurer Prudential Plc reported 1H adjusted operating profits of $1.57bn, up 6% YoY. The annual premium equivalent (APE) sales rose 6% YoY to $2.2bn on a diversified geographic footprint, product mix, and distribution channels. Four product categories, namely...
by Amruth Sundarkumar | Sep 20, 2021 | Corporates
UK-based insurer Prudential Plc announced in a statement that it plans to raise HKD 22.5bn ($2.9bn) via a share sale in Hong Kong. The company plans to offer 130.8mn shares at an offer price of no more than HKD 172 per share, representing at most 5% of the...
by Amruth Sundarkumar | Aug 12, 2021 | Investment Grade Bonds
Prudential Plc reported H1 adjusted operating profits of $1.57bn, up 22% YoY. The insurer’s annual premium equivalent sales in Asia and Africa increased 21% to $2.08bn, and new business profits grew 29% to $1.57bn. Along with the results, the company said that they...