Prudential shrugs off Hong Kong struggles

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Prudential's double down on Asian growth still makes sense – so long as unrest in Hong Kong doesn’t cast a pall. CGAThompson writes:

Prudential on Aug. 14 reported a 14% year on year rise in first-half operating profit from continuing operations to 2 billion pounds, compared to the same period in 2018.

The London-listed insurer results were boosted by a strong performance from its fast-growing Asian business. It said its Solvency II ratio stood at 222% of the minimum required capital buffer. It announced an interim dividend of 16.45 pence per share, a 5% year-on-year rise.

 

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