Prudential Q3 New Business Profit Rises 1% to $709 Million
Prudential reported third-quarter new business profit of $709 million, up from $705 million a year earlier. APE new business sales fell 7% to $1.596 billion, while the new business profit margin improved.
LONDON (dpa-AFX) - Prudential plc (PRU.L), a UK-based insurance and asset management company, reported a 1% increase in third-quarter new business profit to $709 million from $705 million a year ago.APE new business sales declined 7% to $1.596 billion, while the new business profit margin improved…