Filed Under:Annuities, Variable

Prudential PLC reports Q3 earnings

(AP Photo/Bizuayehu Tesfaye)
(AP Photo/Bizuayehu Tesfaye)

Prudential PLC reported strong growth in Asia and of variable annuities in the U.S., but sales in the U.K. were hampered by regulatory changes in that country.

According to its third-quarter financial statement released today, new business profit in Asia climbed 20 percent to £990 million during the first nine months of the year, buoyed in part by a growing and increasingly wealthy middle class.

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Nichole Morford

Nichole Morford
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