PRN: Prudential CEO and CFO Interviewed on Half-Year 2011 Results
Prudential CEO and CFO Interviewed on Half-Year 2011 Results
LONDON, August 5, 2011 /PRNewswire/ --
The Pru reports 20% jump in New Business Profit to over Â£1 billion in the first half. A strong performance in the US couple with continued momentum in Asia and Asset Management drove the UK insurer's profits higher across all measures.
In an interview with http://www.cantos.com, Prudential Group CEO Tidjane Thiam commented that the Pru's strategy would insulate it from the worst of the current economic turmoil.
"We will be affected but we believe we will be affected less than others, and we believe that we will also recover sooner, earlier and faster."
Chief Financial Officer Nic Nicandrou added that the Group is confident of hitting its financial targets saying: "We are happy with the progress that we're making, and remain on track to deliver our 2013 cash and capital objectives."
The interviews and transcript are available now on http://www.cantos.com/company/prudential.
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Company Codes: Bloomberg:PRU@LN, RICS:PRU.L, ISIN:GB0007099541