KUALA LUMPUR, Aug 18 (Bernama) — Prudential Assurance Malaysia Bhd continued to deliver strong performance for the first half of this year with new business sales up 39 per cent over the same period last year.
For the first six months, the insurer’s new business APE (Annual Premium Equivalent consisting of retail Life Insurance sales and Takaful contributions) increased to RM395 million from RM284 million recorded in the same period last year.
“We have maintained our excellent momentum since the start of the year and delivered consistent, positive double-digit growths for the past two quarters,” said Chief Executive Officer Charlie Oropeza in a statement today.
The robust sales were maintained both in the first and second quarter, recording a 55 per cent and 26 per cent growth respectively.
– BERNAMA
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