Insurer Prudential Plc , reported a nearly 10% rise in first-quarter new business profit on Wednesday, while warning that energy-driven inflation poses risks to its smaller South Asian businesses and could dampen consumer sentiment.
The London and Hong Kong dual-listed insurer said its new business profit on a traditional embedded value (TEV) basis was $686 million for the quarter ended March 31, compared with $625 million a year earlier on a constant-exchange rate.
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Source: Reuters | Published: 2026-04-28T22:18:23Z
Credit: Reuters
