Prudential Says Asian Business Continued To Deliver Strong, Profitable Growth

(RTTNews) - UK insurer Prudential Plc (PRU.L, PUK) will hold a conference for investors and analysts in Singapore on 2-3 December and an additional trip to visit its local insurance operations in Jakarta, Indonesia on December 4.

The presentations in Singapore would focus mainly on Prudential's large and rapidly growing Asian business, which is central to the Group's long-term growth strategy. In addition, participants would be updated with the Group's strategy and performance, with specific presentations on its UK life business and on Jackson, its US business and a Q&A session on M&G.

Commenting on the investor conference, Tidjane Thiam, Group Chief Executive, Prudential plc, said: "Since our last Asia-based conference in 2011, our business in the region has continued to deliver strong, profitable growth, notably achieving the "Doubling Asia by 2013" objectives we had set in 2010 by delivering over £1.0 billion in IFRS pre-tax operating earnings in 2013."

He added, "This fifth conference under the format introduced in 2010 will allow us to highlight the increased scale, diversity and quality of our platform in Asia, and the potential for our business to continue to grow profitably in the region. Attendees will have the opportunity to interact in depth with the management of our Asia operations as well as the senior leadership of the Group's other business units."