Pru Life UK profit up 16%

MANILA, Philippines — Insurer Pru Life UK, the local unit of British financial giant Prudential plc, posted a 15.8-percent increase in net profit last year despite a decline in single-premium sales arising from the weak investment environment. In an interview, Pru Life UK president Nishit Majmudar said the local unit realized P351…

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Filed Under: Business News

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