Prudential has today reported Group sales up 11% on the first quarter of 2004 at £478m.
Britain's second largest insurer says UK and Europe sales were also up 12% on the first quarter of 2004 at £208m. Prudential’s group finance director, Phillip Broadley, says the figures show a strong start to the year and says the Group will continue the momentum builtup in 2004. Double figure sales growth for the UK and Europe includes strong sales of unit-linked bonds and annuities. Broadly says he expects this to be enhanced by further distribution opportunities with St James’s Place, Barclays Bank and National Australia Bank. ”We maintain a positive outlook set out in our prelimin...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes