7 Aug 2011

Prudential profits up

12:59 pm on 7 August 2011

Expansion in Southeast Asia helped Prudential to stronger than expected profits for the six months to 30 June.

The UK insurance group reported pre-tax profits of £1.2 billion, almost double the £593 million profit from the same period last year.

The BBC reports Asia now accounts for about 45% of the group's sales, with Indonesia its largest market in the region.