Britain's biggest insurer, Prudential, reported an above-forecast 6 percent rise in 2018 operating profit to £4.8 billion.
Britain's biggest insurer, Prudential, reported an above-forecast 6 percent rise in 2018 operating profit to 4.8 billion pounds on Wednesday after a strong performance from its Asian business.
"Given the extent of our opportunities and our proven ability to execute and innovate, we are well positioned to continue to grow profitably," Chief Executive Mike Wells said in a statement. But the U.S. business, Jackson, lagged, with profit down 11 percent due to accounting measures related to lower U.S. stock markets.
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