Insurance premiums

Earnings per share were down 4.6% for the quarter.

The industry is projected to grow 13% to 15% in the medium term.

This growth was driven by the increased health awareness brought by the pandemic.

Prudential's capital and earnings are deemed very strong, S&P Global Ratings said.

S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.

Revenues climbed 6.9% for the year.

In the nine months to January, 21.3 million were pencilled in.

Both its life and general businesses saw robust earnings growth.

Japan and China accounted for 60% of MAT premiums in APAC.

The decline was observed in group insurance.