Pru and its Hong Kong-based peer are still growing new business at breakneck speed in Asia. AIA generates more cash but Pru’s geographic mix in the region makes it a better bet, says Breakingviews.
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It's a solid numbers from the prudential operating profit up seventeen cents in the first off the USX kids Asian obscure its. But how does -- -- ARA that's the big question from investors. Among others Ross and breaking news George take joins me this year. I'm I mean that's the thrust of your p.'s right from big and and the reason for that of course is because -- to try to buy -- four years ago and failed. Yeah I mean let's but who -- the things pretty and paid people engines. You know I've created and I had -- today at doing because then all this history went contracts signed in 2010. But nothing is really just. Well when people look at recruit. They have very weathered copy US business that he paid you take a suspect. The key thing that takes on his agent that could pass that really multi prix on Sunday a day for more -- from the or the other insurers also rans. Asia and in general is just a massive growth story boy looking -- states just kind of which is which of the two law that took place in Asia and and you think that is credential from forests. Which isn't great if I mean you can -- -- the other way that the way we look at days just -- is -- -- of twenty to market day in Indonesia that in a massive great market. Airways or city and other post -- -- -- but doesn't -- Ciba. We have to think geographically grew slightly Mexico. Who also think in terms of IB -- and companies sets out. They always been in -- slightly longer and -- has called big will we go back book which is a being truthful he always quoting -- which are rolling off considering big tasks have the for the company set -- -- de LA generates more tasks. But we think prove it because it it's kind of got historically it's funny -- -- generate new business we think that's gonna kind of that's very disciplined he -- that we. I know we talk a lot about Asia of course we compact -- -- ritual where algebra but did you approves US business Jackson is a sitting pretty well I think operating it was a 25% to -- -- that about yes I mean it's. You -- you don't want to kind of ignore the other bits of the cruise business that. I mean it. Aden in -- loss in the off on a couple of years priest and his status but this kind to them pay because. People say we'll -- -- appeal play. Asian business and preschool is kind of rubbish in the US and UK in since thing now is produce building just as well. -- in Asia but it's also doing well respected in the US and -- -- just back. Holding the line here as wells say. I thought took about some of a kind of element of the investment story in a way. Okay so do. But fruit. A rare day. As the core they bug -- but you have to see Islam but Corey does that insurance in general as -- -- as these these these two run and I don't buy the other insert foot putt but -- by these team -- could have a very good American all right George thanks very much indeed for that George take. After the break he views and I enjoy -- US show 12:30 -- 1730. Bsc. And actual problems this crisis.
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