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November 01, 2004

Insurer Prudential upbeat on Asian prospects

LONDON, Nov 1 (Reuters) - Britain's second-largest listed insurer, Prudential Plc, said on Monday it was confident of achieving long-term profitable growth in Asia, as it began an analyst meeting in the region.

"Prudential will reiterate that it remains confident that the profitable growth being delivered in Asia is sustainable over the long-term and that the business remains on track to return cash to the group from 2006," it said in a statement.

The company is hosting a 4-day analyst meeting in Malaysia and Vietnam, to update investors on its Asian operations.

Posted by Tom Troceen