Asset Management

Prudential posts solid 2015 results

Shares in Prudential rose more than 2% after insurer reported a 22% increase in operating profit

Shares in the insurer rose 2% after the results announcement
Shares in the insurer rose 2% after the results announcement

Shares in London-listed insurance company Prudential rose more than 2% on March 9 after the company reported a 22% increase in operating profit for 2015, and announced that it is raising its dividend.

The FTSE 100 giant posted a £4 billion operating profit last year. Underlying free surplus generation increased by 15% to £3.05 billion while cash remittances from business units were up 10% to £1.625 billion.

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