Prudential sees positive start to 2013

(Source: Reuters)

Insurer Prudential has said that it sees a positive start to 2013 in an interim management statement for the first quarter (release). The company sees new business profit up five per cent on the same quarter last year.

Chief executive Tidjane Thiam:

We have made a good start to 2013. Our life insurance business in Asia has continued to deliver profitable growth with new business profit, our primary measure of growth, up 18 per cent.