Prudential posts record operating profit on overseas gains

By Carolyn Cohn and Simon Jessop

LONDON British insurer Prudential (PRU.L) reported a record 2016 operating profit of 4.3 billion pounds on Tuesday, as growth in its Asia and U.S. operations outweighed a decline in its domestic market.

Operating profit rose 7 percent from a year earlier and was above analysts’ expectations of 4.1 billion pounds, according to a company-compiled poll, lifting its share

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