Prudential PLC Nine-Month Sales Rose on Strong Growth in Key Markets

Dow Jones

2024-11-06

By P.R. Venkat

Prudential PLC's nine-month sales rose on strong growth seen in key markets including mainland China, Hong Kong and some Southeast Asian regions.

The insurance and investment business said Wednesday that its APE sales -- a measure that comprises the aggregate of annualized regular premiums and a 10th of single premiums on new business written during the year for all insurance products -- rose 5% to $4.64 billion.

The insurer's business has seen robust growth since the lifting of pandemic restrictions in China and Hong Kong in early 2023.

Prudential PLC said it is on track to achieve its new business profit growth trajectory of 9%-13% for 2024.

New business profit rose 10% to $2.35 billion, which it attributed to its multimarket, multichannel strategy.

Write to P.R. Venkat at venkat.pr@wsj.com

(END) Dow Jones Newswires

November 05, 2024 17:34 ET (22:34 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Venkat at venkat.pr@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 05, 2024 17:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prudential PLC Nine-Month Sales Rose on Strong Growth in Key Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrudential PLC Nine-Month Sales Rose on Strong Growth in Key Markets\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2024-11-06 06:34</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By P.R. Venkat \n</p>\n<pre>\n \n</pre>\n<p>\n  Prudential PLC's nine-month sales rose on strong growth seen in key markets including mainland China, Hong Kong and some Southeast Asian regions. \n</p>\n<p>\n  The insurance and investment business said Wednesday that its APE sales -- a measure that comprises the aggregate of annualized regular premiums and a 10th of single premiums on new business written during the year for all insurance products -- rose 5% to $4.64 billion. \n</p>\n<p>\n  The insurer's business has seen robust growth since the lifting of pandemic restrictions in China and Hong Kong in early 2023. \n</p>\n<p>\n  Prudential PLC said it is on track to achieve its new business profit growth trajectory of 9%-13% for 2024. \n</p>\n<p>\n  New business profit rose 10% to $2.35 billion, which it attributed to its multimarket, multichannel strategy. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to P.R. Venkat at venkat.pr@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 05, 2024 17:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"K6S.SI","symbol_name":"英國保誠","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481668680","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481668680","pubTimestamp":1730846040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Prudential PLC's nine-month sales rose on strong growth seen in key markets including mainland China, Hong Kong and some Southeast Asian regions.The insurance and investment business said Wednesday that its APE sales -- a measure that comprises the aggregate of annualized regular premiums and a 10th of single premiums on new business written during the year for all insurance products -- rose 5% to $4.64 billion.The insurer's business has seen robust growth since the lifting of pandemic restrictions in China and Hong Kong in early 2023.Prudential PLC said it is on track to achieve its new business profit growth trajectory of 9%-13% for 2024.New business profit rose 10% to $2.35 billion, which it attributed to its multimarket, multichannel strategy.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"K6S.SI":"英国保诚","PUK":"英国保诚","02378":"保诚"},"translate_title":"保诚集团九个月销售额因主要市场强劲增长而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02378":0.9,"K6S.SI":0.9,"PUK":0.9},"content_text":"By P.R. Venkat \n\n\n \n\n\n  Prudential PLC's nine-month sales rose on strong growth seen in key markets including mainland China, Hong Kong and some Southeast Asian regions. \n\n\n  The insurance and investment business said Wednesday that its APE sales -- a measure that comprises the aggregate of annualized regular premiums and a 10th of single premiums on new business written during the year for all insurance products -- rose 5% to $4.64 billion. \n\n\n  The insurer's business has seen robust growth since the lifting of pandemic restrictions in China and Hong Kong in early 2023. \n\n\n  Prudential PLC said it is on track to achieve its new business profit growth trajectory of 9%-13% for 2024. \n\n\n  New business profit rose 10% to $2.35 billion, which it attributed to its multimarket, multichannel strategy. \n\n\n \n\n\n  Write to P.R. Venkat at venkat.pr@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 05, 2024 17:34 ET (22:34 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}