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Prudential PLC 3Q APE Sales Fall 6% to $1.60B

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PRU

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11:37:32 PM UTC
SquawkNews
By P.R. VenkatPrudential PLC's third-quarter sales fell after new rules in mainland China on selling insurance through banks hurt its volumes there.Annual premium equivalent sales, a key industry metric, fell 6% on year to $1.60 billion, the insurer said Thursday.New business profit rose 1% to $709…

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