Prudential More Than Doubles Post-Tax Profit
Good news for the Pru today as they announce that their profits have more than doubled since last year.
Prudential is one of Britain’s major insurers and has seen its profits rise from £676 million in 2009 to £1.4 billion in 2010.
Last year Prudential made a takeover bid for AIA, the Asian division of AIG, the America inusrer. They offered a deal of £35.5 billion but it was rejected.