Prudential Asia the first three quarters of revenue by only 9%

According to Prudential released yesterday reported that in the whole group 2,300,000,000 pounds of revenue, its UK retail operations of the financial performance of the most robust growth in the first three quarters of a total of 14% in the third quarter compared to the same period last year Is an increase of 19%. In the previously anticipated reduction in the Asian region, the first three quarters of this year, also an increase of 9% to a total of 1,000,000,000 pounds (about 11,300,000,000 yuan). However, Prudential has also frankly, AIG by the crisis, the decline in consumer confidence to a chain reaction in the third quarter of this year, the Group's new business growth slowed down. "This means that the situation in Asia can not achieve a year ahead of new business profit in 2005 than double the target, but the group remains confident in 2009 of achieving this objective." Of course, Prudential and the three Quarterly Bulletin earnings, more attention is his wish to buy AIG (American International Group) Asia Business hearsay. Prior to this there is news that Prudential is a strategic partnership with in-depth negotiations, to be its 20% stake to raise funds for the purchase of American International Group (AIG) in Asia. And Prudential Insurance to carry out negotiations, including the two strategic investors from the Middle East and China's sovereignty funds, the amount of money involved may be reached 1,200,000,000 pounds. But the rumors, Prudential and refused to make any comment, only to respond to reporters "are closely watching the sale of AIG's plans, and pay attention to any more value for its shareholders the opportunity." Asia insurance industry structure change In Buffett, the Munich insurance group, Allianz Group and other assets of the AIG bid target, the Prudential acquisition of the assets of AIG appears to be more pressing needs. If successful acquisition of Prudential AIG Asian business, will replace the Prudential Assurance Company AIG's become Asia's largest insurance companies. "This pattern of change is bound to be reflected in the pattern of China's insurance industry in the past." Of the Central University of Finance and Economics president of the Insurance Institute of the implementation of Su Hao his assessment of the case.